STMicrolectronics Preliminary 4Q Revenue Beats Guidance
08 Janvier 2021 - 07:56AM
Dow Jones News
By Joshua Kirby
STMicrolectronics NV said Friday that preliminary fourth-quarter
revenue was above its previous guidance range, and up 21% from the
previous quarter.
The Swiss semiconductor maker said preliminary net revenue came
to $3.24 billion, thanks to better market dynamics.
STMicrolectronics said it will provide a full fourth-quarter and
2020 update on Jan. 28 before the opening of market trading.
Write to Joshua Kirby at joshua.kirby@dowjones.com;
@joshualeokirby
(END) Dow Jones Newswires
January 08, 2021 01:41 ET (06:41 GMT)
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