STMicroelectronics has published strong results. The Q3 results came broadly in line with consensus, and slightly better in profitability. The positive news comes from the rise in the sales guidance and in the Q4 expected gross margin, to its highest level. Supply constraints in Malaysia due to the pandemic continue to be a headwind.
29 Oct 2021
Q3 21: price and volume to boost profitability
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Q3 21: price and volume to boost profitability
STMicroelectronics NV (STMPA:PAR) | 0 0 0.0%
- Published:
29 Oct 2021 -
Author:
Romain Pierredon -
Pages:
3
STMicroelectronics has published strong results. The Q3 results came broadly in line with consensus, and slightly better in profitability. The positive news comes from the rise in the sales guidance and in the Q4 expected gross margin, to its highest level. Supply constraints in Malaysia due to the pandemic continue to be a headwind.