Benoit Berthelot / Bloomberg:
Franco-Italian chipmaker STMicro reports Q3 revenue up 2.5% to $4.43B, beating $4.38B est., net income down 0.8% YoY to ~$1B, and predicts demand rising in Q1 — - Net revenue in fourth quarter seen at $4.3 billion, down 3% — Third quarter sales were buoyed by automotive industry demand
Benoit Berthelot / Bloomberg:
Franco-Italian chipmaker STMicro reports Q3 revenue up 2.5% to $4.43B, beating $4.38B est., net income down 0.8% YoY to ~$1B, and predicts demand rising in Q1 — - Net revenue in fourth quarter seen at $4.3 billion, down 3% — Third quarter sales were buoyed by automotive industry demand
Source: TechMeme
Source Link: http://www.techmeme.com/231026/p5#a231026p5