STMicroelectronics beats top-line and bottom-line estimates; gives Q3 outlook
Seeking Alpha ·
STMicroelectronics press release ( STM ): Q2 Non-GAAP EPS of $0.31 beats by $0.04 . Revenue of $3.49B (+26.0% Y/Y) beats by $20M . Gross margin at 34.8% (non-U.S. GAAP 1 gross margin at 35.2%). Net cash from operating activities was $502 million in the second
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