24.85 0.00 (0.00%)
After hours: 5:24PM EDT
|Bid||24.52 x 1000|
|Ask||24.90 x 2200|
|Day's Range||24.28 - 24.95|
|52 Week Range||14.67 - 31.98|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||56.22|
|Earnings Date||Nov 28, 2016 - Nov 29, 2016|
|Forward Dividend & Yield||0.17 (0.70%)|
|Ex-Dividend Date||Jun 22, 2020|
|1y Target Est||25.51|
Arrow Electronics, Panasonic Industry, and STMicroelectronics Join Forces to Deliver IoT Modules for Smart Applications Low-Power Wireless Multi-Sensor Edge-Intelligence.
Paris, France; Geneva, Switzerland – May 14, 2020 – Cartesiam, a company that creates artificial intelligence (AI) software for embedded systems, announces a new release of its NanoEdge™ AI Studio optimized for the market-leading STM32 microcontroller development boards of STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications. Cartesiam’s NanoEdge AI Studio development environment removes traditional AI barriers and is designed for companies that do not have expert resources in machine learning.
STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced that it has become an Associate member of the Zhaga Consortium to advance the deployment of NFC technology in the industrial lighting market. The Zhaga Consortium is a global industry organization that aims to standardize interfaces of LED luminaires.
STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the publication of its 2020 Sustainability Report. The 23rd report contains details and highlights of ST’s sustainability performance in 2019 and presents the Company’s ambitions and longer-term goals for 2025 in alignment with the United Nations Global Compact1 Ten Principles and Sustainable Development Goals.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...
PR N°C2956C STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Apr 20, 2020 to Apr 24, 2020.
Xilinx stock fell Thursday after the chipmaker joined other semiconductor firms in guiding analysts lower for the June quarter because of coronavirus pandemic business disruptions.
Shares of STMicroelectronics (NYSE:STM) gained 7% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 5.00% over the past year to $0.21, which missed the estimate of $0.23.Revenue of $2,231,000,000 rose by 7.47% year over year, which missed the estimate of $2,310,000,000.Outlook Earnings guidance hasn't been issued by the company for now.STMicroelectronics hasn't issued any revenue guidance for the time being.Conference Call Details Date: Apr 22, 2020View more earnings on STMTime: 05:05 AM ETWebcast URL: https://78449.choruscall.com/dataconf/productusers/stm/mediaframe/37353/indexl.htmlPrice Action 52-week high: $31.98Company's 52-week low was at $14.67Price action over last quarter: down 28.00%Company Overview A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicro is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. STMicro is an especially prominent chip supplier into the industrial and automotive industries.See more from Benzinga * Recap: Ericsson Q1 Earnings * Afternoon Market Stats in 5 Minutes * Moderna: P/E Ratio Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
(Bloomberg) -- STMicroelectronics NV, the chipmaker that supplies Apple Inc. and Tesla Inc., said that declining demand for semiconductors for automobiles will cause a drop in sales this quarter.The European company, whose competitors include Texas Instruments Inc. and Infineon Technologies AG, sees second-quarter net revenues falling to about $2 billion compared with $2.2 billion a year earlier, it said in a statement on Wednesday.Key InsightsFirst quarter revenue rose 7.5% to $2.23 billion due to higher sales of imaging chips, used in smartphones, as well as its analog and microcontrollers business.In January, before virus-related lockdowns had hit most of Europe and the U.S., the company estimated $2.36 billion for the quarter.Gross margins were 37.9% compared to the company’s previous estimate of 38%.Adjusted net income rose to $192 million.Forecast“Our second quarter outlook is taking into account the declining demand environment, especially in automotive, as well as the ongoing operational and logistics challenges due to current governmental regulations,” the company said in the statement. “We anticipate that all of our manufacturing sites will be operational. Some of them will run at reduced capacity.”The company sees revenues for fiscal 2020 at $8.8 billion to $9.5 billion as growth picks up in the second half of the year.Growth in the second half will be related to “already engaged customer programs and the removal of supply constraints.”STMicro will reduce its capital spending for 2020 to $1 billion to $1.2 billion, down from an earlier target of $1.5 billion.Virus ImpactThe company will cut its 2019 dividend to 16.8 cents per share from 24 cents. Apple warned in February that fallout from the novel coronavirus may cause it to miss sales targets this quarter following manufacturing delays and closed stores.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
PR N°C2955C Geneva, April 22, 2020 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported.
PR No: C2954C Q1 net revenues $2.23 billion; gross margin 37.9%; operating margin 10.4%; net income $192 million Q1 net financial position(1) $668 millionBusiness outlook.
STMicroelectronics' (STM) Q1 results may be affected by weakness in some of the end-markets served and uncertainty owing to coronavirus outbreak.
April 3, 2020 – STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release first quarter 2020 earnings before the opening of trading on the European Stock Exchanges on April 22, 2020. STMicroelectronics will conduct a conference call with analysts, investors and reporters to discuss its first quarter 2020 financial results and current business outlook on April 22, 2020 at 9:30 a.m. Central European Time (CET) / 3:30 a.m. U.S. Eastern Time (ET).
STMicroelectronics Breaks Down Barriers to Broad Adoption of Vibration Monitoring in Industry 4.0 Applications IIS3DWB MEMS vibration sensor optimized for industrial monitoring.
PR N°C2949C Notice of Supplement to Proposed Resolutions for STMicroelectronics 2020 Annual General Meeting of Shareholders Geneva, March 27, 2020 - STMicroelectronics (NYSE:.
PR N°C2947C STMicroelectronics Reports on Main Resolutions to be Proposed at the 2020 Annual General Meeting of Shareholders Geneva, March 25, 2020 -.
STMicroelectronics Powers Next-Generation Computer-Vision Applications with High-Performance Global-Shutter Image Sensors Innovative compact pixels deliver the smallest.
Extending its efforts with the Zigbee Alliance, STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, has joined the Zigbee Alliance Member Group China (ZMGC) as a council member.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Unfortunately for some shareholders, the STMicroelectronics (EPA:STM) share price has dived 38% in the last thirty...
STMicroelectronics N.V. (EPA:STM) stock is about to trade ex-dividend in 3 days time. You can purchase shares before...
STMicroelectronics (STM.PA), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced it has signed an agreement to acquire a majority stake in French Gallium Nitride (GaN) innovator Exagan. Exagan’s expertise in epitaxy, product development and application know-how will broaden and accelerate ST’s power GaN roadmap and business for automotive, industrial and consumer applications.