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STMicroelectronics Shares Gain On Better Than Expected Q4, FY21 Preliminary Results

STMicroelectronics Shares Gain On Better Than Expected Q4, FY21 Preliminary Results

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STMicroelectronics NV (NYSE: STM) reported preliminary fourth-quarter FY21 net revenues of $3.56 billion, up 11.2% quarter-on-quarter, and 140 bps above the high end of its outlook range. Analysts predict the company to report revenues of $3.41 billion.

...read full article on Benzinga

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