Quarterly Results
Earnings per share were up 2.00% over the past year to $0.51, which were in line with the estimate of $0.51.
Revenue of $14,569,000 rose by 21.25% year over year, which beat the estimate of $9,400,000.
Outlook
Revenue guidance hasn t been issued by the company for now.
Technicals
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Samsung could build a $10 billion advanced logic chipmaking plant in Austin, according to media reports, potentially adding to the company s existing multibillion-dollar facilities in Central Texas.
If it happens, the Samsung expansion would add to a series of recent stunning wins for Austin s technology sector. In just the past six months, Austin saw electric automaker Tesla pick it as the site for a $1 billion assembly facility and software giant Oracle move its corporate headquarters to Austin.
Citing people familiar with the plans, Bloomberg news service reported that Samsung is considering spending more than $10 billion on the plant, which could be Samsung s most advanced yet. The report said that the final investment amount could fluctuate.
The 25-year-old Sullivan County native charged last weekend with participating in the Jan. 6 Capitol riot is a former school wrestler who dropped out of college after a year and has started a series of online businesses, including a modeling agency and a social media platform.
Jake Lang, a 2013 graduate of Delaware Valley High School in Pike County, Pa., faces four federal counts after being captured in photos and videos wielding a baseball bat and riot shield in the midst of a pro-Trump mob storming the Capitol, according to an FBI agent s court statement. He was arrested in Newburgh on Jan. 16 and released three days later to await prosecution.