Thursday, January 24, 2019

STMicroelectronics Stock Up As Q4 Results Beat Estimates; Warns On Q1 Revenues

Shares of STMicroelectronics NV were gaining around 5 percent in Paris and Italy after the Geneva-based semiconductor company on Thursday reported higher earnings and revenues in its fourth quarter, above market estimates. Gross margin, meanwhile, was lower than last year. Further, the company warned on its first-quarter revenues.

from RTT - Earnings http://bit.ly/2CG6sWe
via IFTTT

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