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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (48639)7/22/2010 5:45:15 PM
From: Donald Wennerstrom1 Recommendation  Respond to of 95611
 
STMicroelectronics beats by $0.03, reports revs in-line; guides Q3 revs in-line
5:18 PM ET 7/22/10 | Briefing.com

Reports Q2 (Jun) earnings of $0.18 per share, ex-items, $0.03 better than the Thomson Reuters consensus of $0.15; revenues rose 27.3% year/year to $2.51 bln vs the $2.52 bln consensus.

Co issues in-line guidance for Q3, sees Q3 revs growth of 2-7% seuentially, which calcualtes to ~$2.56-2.68 bln vs. $2.63 bln Thomson Reuters consensus.