Wednesday, January 26, 2022

STMicroelectronics Q4 Profit Beats Estimates; Net Revenues Up 9.9%

STMicroelectronics (STM) reported fourth quarter net profit of $750 million or $0.82 per share compared to $582 million or $0.63 per share, prior year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.68, for the quarter. Analysts' estimates typically exclude special items.

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