STMicroelectronics N.V. (NYSE:STM ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 AM ET Company Participants Celine Berthier - Group Vice President, Head of Investor Relations Jean-Marc Chery - President & CEO Jerome Ramel - EVP Corporate Development & Integrated External Communication Lorenzo Grandi - President and Chief Financial Officer Marco Cassis - President, Analog, Power & Disc...
Demand for semiconductors has been bumpy recently. While names like Nvidia are benefiting from the artificial intelligence boom, chip makers focused on other sectors aren't faring as well.
STMicroelectronics , Europe's largest chipmaker by revenue, on Thursday said its full-year revenue would come at the low end of its earlier guidance range, its third cut to the outlook this year.
PR No: C3290C STMicroelectronics Reports 2024 Third Quarter Financial Results Q3 net revenues $3.25 billion; gross margin 37.8%; operating margin 11.7%; net income $351 million YTD net revenues $9.95 billion; gross margin 39.9%; operating margin 13.1%; net income $1.22 billion Business outlook at mid-point: Q4 net revenues of $ 3.32 billion and gross margin of 38 % Launch of a new company-wide ...
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