STMicroelectronics Slightly Beats Q3 Revenue Estimates
STMicroelectronics slightly exceeded Q3 revenue estimates, supported by its CECP and personal electronics segments.
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06:15:29 AM UTC
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STMicroelectronics EURONEXT:STMPA reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and satellite operators added to a broader recovery in the chipmaker's markets.Operating income excluding one-off charges was $429 million, up 98% from a…
OverviewOutlookResult DriversCompany press release:Key Details*Applies to a deviation of less than 1%; not applicable for per-share numbers.Analyst CoverageReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedb…