GENEVA (AP) — GENEVA (AP) — STMicroelectronics NV (STM) on Thursday reported third-quarter profit of $1.09 billion.
GENEVA (AP) — GENEVA (AP) — STMicroelectronics NV (STM) on Thursday reported third-quarter profit of $1.09 billion.
GENEVA (AP) — GENEVA (AP) — STMicroelectronics NV (STM) on Thursday reported third-quarter profit of $1.09 billion.
On a per-share basis, the Geneva-based company said it had net income of $1.16.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The chip company posted revenue of $4.43 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STM at https://www.zacks.com/ap/STM
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