STMicroelectronics N.V. (SGM.F)
| Previous close | 40.01 |
| Open | 39.77 |
| Bid | 38.74 x 160000 |
| Ask | 38.90 x 160000 |
| Day's range | 39.77 - 39.77 |
| 52-week range | 35.36 - 50.31 |
| Volume | |
| Avg. volume | 426 |
| Market cap | 35.803B |
| Beta (5Y monthly) | 1.37 |
| PE ratio (TTM) | 9.54 |
| EPS (TTM) | 4.17 |
| Earnings date | N/A |
| Forward dividend & yield | 0.33 (0.82%) |
| Ex-dividend date | 24 Jun 2024 |
| 1y target est | N/A |
Insider MonkeySTMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript
STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript April 25, 2024 STMicroelectronics N.V. misses on earnings expectations. Reported EPS is $0.544 EPS, expectations were $0.59. STMicroelectronics N.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to […]
BenzingaNot All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance
STMicroelectronics NV (NYSE: STM) reported a first-quarter revenue decline of 18.4% year-on-year to $3.47 billion, missing the consensus of $3.62 billion. EPS of $0.54 missed the consensus of $0.59. Sales to OEMs decreased by 11.5% Y/Y, and Distribution sales fell by 30.8% Y/Y. Analog products, MEMS, and Sensors (AM&S) segment revenue declined 13.1% Y/Y to $1.22 billion, mainly due to a decrease in MEMS and Imaging. Power and Discrete products (P&D) segment revenue decreased 9.8% Y/Y to $820 mil
- Reuters
UPDATE 2-STMicro cuts FY revenue outlook as softer car demand weighs
European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple , said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.
