STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.13 by 16.81 percent. This is a 60.98 percent increase over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $4.42 billion which beat the analyst consensus estimate of $4.41 billion by 0.32 percent. This is a 24.41 percent increase over sales of $3.56 billion the same period last year.
Why Jim Cramer Thinks Roblox Is Still ‘Too Expensive,’ After Stock Down 72% Year-To-Date
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Magna International Inc (NYSE: MGA) "worries me. I would rather own an auto company directly.
