STMicro Q3 revenue up 17.9% to $3.76B, operating income up 98% to $429M; Q4 guidance $4.15B

STMicroelectronics reported Q3 revenue of $3.76B, up 17.9% year over year, with operating income up 98% to $429M, beating the $400.5M estimate. The company forecast Q4 revenue of $4.15B, above the $4.10B consensus.

• Q3 revenue: $3.76B, up 17.9% year over year
• Q3 operating income: $429M, up 98% year over year
• Q4 revenue guidance: $4.15B vs. $4.10B expected