Share Name Share Symbol Market Type
ST Microelectronics EU:STM Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.42 -4.46% 30.44 30.43 30.44 31.95 30.44 31.84 4,939,934 16:40:00

STMicrolectronics Preliminary 4Q Revenue Beats Guidance

08/01/2021 6:56am

Dow Jones News

ST Microelectronics (EU:STM)
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   By Joshua Kirby 

STMicrolectronics NV said Friday that preliminary fourth-quarter revenue was above its previous guidance range, and up 21% from the previous quarter.

The Swiss semiconductor maker said preliminary net revenue came to $3.24 billion, thanks to better market dynamics.

STMicrolectronics said it will provide a full fourth-quarter and 2020 update on Jan. 28 before the opening of market trading.


Write to Joshua Kirby at; @joshualeokirby


(END) Dow Jones Newswires

January 08, 2021 01:41 ET (06:41 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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