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.
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