[BUSINESS]■ STORY TIMELINE
STMICRO BEATS Q1 EXPECTATIONS, RAISES Q2 OUTLOOK
STMicroelectronics delivered Q1 revenue of $3.10 billion, exceeding analyst estimates of $3.04 billion, while forecasting Q2 revenue of $3.45 billion—well above the $3.21 billion consensus.
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Nathan Vifflin / Reuters: STMicro reports Q1 revenue of $3.10B, above $3.04B est., $171M operating income, above $165.8…