Page 12 - Stmicroelectronics News Today

William Blair reaffirmed their market perform rating on shares of STMicroelectronics (NYSE:STM – Free Report) in a report issued on Friday morning, RTT News reports. William Blair also issued estimates for STMicroelectronics’ Q1 2025 earnings at $0.69 EPS. Other equities analysts also recently issued reports about the company. StockNews.com downgraded STMicroelectronics from a strong-buy rating […]

Fridays major European indexes remain firmly anchored on the bullish course followed already in the early morning, with the Mib almost entirely tinged with green driven by Prysmian and Nexi. Thus,...

Latest News from the Electronics Industry - Electropages

ATOM earnings call for the period ending March 31, 2024.

Raising fair value estimate of STMicro stock.

(RTTNews) - European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet...

European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet and Microsoft, and a few European companies, and shrugging of interest rate concerns for now.

European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet and Microsoft, and a few European companies, and shrugging of interest rate concerns for now.

STMicroelectronics (NYSE:STM – Get Free Report) issued its earnings results on Thursday. The semiconductor producer reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05), Briefing.com reports. STMicroelectronics had a net margin of 24.36% and a return on equity of 27.70%. The firm had revenue of $3.47 billion during the quarter, […]

STM reported 18.4% revenue decline in Q1 2024, missed consensus estimates. Margins decreased and outlook for Q2 and 2024 is lower than expected.