STM shares slide -14% premarket as Q2 results topped expectations at $0.31/$3.49B vs. $0.27/$3.47B consensus, but guided Q3 revs around $3.7
STM shares slide -14% premarket as Q2 results topped expectations at $0.31/$3.49B vs. $0.27/$3.47B consensus, but guided Q3 revs around $3.7B, below the $3.78B consensus while expects a gross margin of 37%, plus or minus 200 basis points; now expects revenues from its data center to be above $1B
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