STMicroelectronics NV
STMPA: XPAR (FRA)
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| pZ# | LOCK|y&FR | LOCK|W@sc$R |
STMicroelectronics Earnings: Solid Results With Ongoing AI Upside; Shares Undervalued
STMicroelectronics reported third-quarter revenue of $3.76 billion, up 18% year over year and ahead of guidance of $3.70 billion. ST expects fourth-quarter revenue of $4.15 billion, which would be up 25% year over year and slightly ahead of FactSet consensus estimates of $4.10 billion.
