STMicroelectronics N.V. (STM) Tops Q2 EPS by 2c; offers Q3 guidance

STMicroelectronics N.V. (NYSE: STM) reported Q2 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $3.23 billion versus the consensus estimate of $3.23 billion.

GUIDANCE:

STMicroelectronics N.V. sees Q3 2024 revenue of $3.25 billion, versus the consensus of $3.598 billion, an increase of 0.6% sequentially, plus or minus 350 basis points.

For earnings history and earnings-related data on STMicroelectronics N.V. (STM) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Bending Spoons valuation up to $19 Billion in U.S. IPO - Reuters
• NewAmsterdam Pharma (NAMS) call put ratio 1 call to 4.8 puts with a focus on 2K contracts of January 25 puts