STMicroelectronics N.V. (STM)
收市後：
- Insider Monkey
STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript
STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript April 25, 2024 STMicroelectronics N.V. misses on earnings expectations. Reported EPS is $0.544 EPS, expectations were $0.59. STMicroelectronics N.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to […]
- Benzinga
Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance
STMicroelectronics NV (NYSE: STM) reported a first-quarter revenue decline of 18.4% year-on-year to $3.47 billion, missing the consensus of $3.62 billion. EPS of $0.54 missed the consensus of $0.59. Sales to OEMs decreased by 11.5% Y/Y, and Distribution sales fell by 30.8% Y/Y. Analog products, MEMS, and Sensors (AM&S) segment revenue declined 13.1% Y/Y to $1.22 billion, mainly due to a decrease in MEMS and Imaging. Power and Discrete products (P&D) segment revenue decreased 9.8% Y/Y to $820 mil
- Reuters
UPDATE 2-STMicro cuts FY revenue outlook as softer car demand weighs
European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple , said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.
