STMicroelectronics' Q3 Results Highlight Weak Automotive Demand, Gross Margin Squeeze: Details - STMicroelectronics ( NYSE:STM )

  2 weeks ago   
post image
STMicroelectronics N.V. STM shares are trading lower on Thursday after the company reported net revenues of $3.25 billion, representing a year-over-year decrease of 26.6%, marginally beating the consensus of $3.247 billion. The company stated that net revenues aligned with the midpoint of the ...
Ticker Sentiment Impact
STM
Somewhat Bearish
50 %