Christina Kyriasoglou / Bloomberg:

STMicro reports Q3 revenue down 2% YoY to $3.19B and operating income down 53% YoY to $180M, missing est., and forecasts Q4 revenue of $3.28B, below $3.35B est.  —  STMicroelectronics NV forecast fourth-quarter revenue that missed analysts' expectations, signaling that a long-awaited recovery in the industry may be faltering.

Christina Kyriasoglou / Bloomberg:

STMicro reports Q3 revenue down 2% YoY to $3.19B and operating income down 53% YoY to $180M, missing est., and forecasts Q4 revenue of $3.28B, below $3.35B est.  —  STMicroelectronics NV forecast fourth-quarter revenue that missed analysts' expectations, signaling that a long-awaited recovery in the industry may be faltering.

Source: TechMeme
Source Link: http://www.techmeme.com/251023/p6#a251023p6