Technology

STMicroelectronics Sets Date for Second Quarter 2024 Earnings Release and Conference Call

STMicroelectronics, a prominent semiconductor company that provides products for a wide range of electronics applications, has revealed that it will announce its earnings for the second quarter of 2024 before the start of trading on European Stock Exchanges on July 25, 2024.

Following the release, the press release will be accessible on the Company's website at www.st.com.

STMicroelectronics will be hosting a conference call on July 25, 2024 at 9:30 a.m. CET / 3:30 a.m. ET to talk about their financial results for the second quarter of 2024 and their current business prospects. This call is open to analysts, investors, and reporters.

You can listen to a live webcast of the conference call on ST's website in listen-only mode. The webcast will be available for replay until August 9, 2024.

STMicroelectronics released their financial results for the second quarter of 2024. The Union Budget for the fiscal year 2024-25 has been praised for its focus on India's future development, particularly in MSMEs and skill development. ELCINA has also welcomed the budget for its emphasis on these areas. STMicroelectronics has announced the status of their common share repurchase program. Synopsys has revealed the earnings release date for the third quarter of fiscal year 2024. HKSTP has expressed support for the statutory plans for the San Tin Technopole. STMicroelectronics continues to showcase their commitment to innovation, particularly in microcontroller technology and ultra-low power MCUs. They are also dedicated to empowering edge AI innovation and advancing power electronics for aircraft electrification. Additionally, they offer STM32 MCUs that support wireless connectivity. HyRel Technologies has successfully recertified to AS9100 with no non-conformances. Amkor has signed preliminary terms with the U.S. Commerce for a $2 billion project in Arizona. JEDEC has announced new standards for DDR5 MRDIMM and LPDDR6 CAMM for enhanced high-performance computing.

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