STMicroelectronics NV (STM) released earnings for first quarter that Drops, from the same period last year
The company's earnings totaled $37 million, or $0.04 per share. This compares with $56 million, or $0.06 per share, last year.
Excluding items, STMicroelectronics NV reported adjusted earnings of $122 million or $0.13 per share for the period.
The company's revenue for the period rose 23.0% to $3.095 billion from $2.517 billion last year.
STMicroelectronics NV earnings at a glance (GAAP) :
-Earnings: $37 Mln. vs. $56 Mln. last year.-EPS: $0.04 vs. $0.06 last year.-Revenue: $3.095 Bln vs. $2.517 Bln last year.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.