STMicroelectronics: Q2 Earnings Insights

STMicroelectronics STM reported its Q2 earnings results on Thursday, July 28, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Earnings

STMicroelectronics beat estimated earnings by 15.0%, reporting an EPS of $0.92 versus an estimate of $0.8.

Revenue was up $845.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 5.0% increase in the share price the next day.

Here's a look at STMicroelectronics's past performance:

To track all earnings releases for STMicroelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.