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STM Stock Earnings: STMicroelectronics Misses EPS, Misses Revenue for Q1 2024

STMicroelectronics just reported results for the first quarter of 2024

By InvestorPlace Earnings Apr 25, 2024, 7:53 am EDT
STM stock - STM Stock Earnings: STMicroelectronics Misses EPS, Misses Revenue for Q1 2024

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STMicroelectronics (NYSE:STM) just reported results for the first quarter of 2024.

  • STMicroelectronics reported earnings per share of 54 cents. This was below the analyst estimate for EPS of 59 cents.
  • The company reported revenue of $3.47 billion.
  • This was 4.02% worse than the analyst estimate for revenue of $3.61 billion.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/04/stm-stock-earnings-stmicroelectronics-for-q1-of-2024/.

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