STMicroelectronics N.V. (NYSE:STM) Q3 2024 Earnings Conference Call Recap
Company Participants:
Celine Berthier
Group Vice President, Head of Investor Relations
Jean-Marc Chery
President & CEO
Jerome Ramel
EVP Corporate Development & Integrated External Communication
Lorenzo Grandi
President and Chief Financial Officer
Marco Cassis
President, Analog, Power & Discrete, MEMS and Sensors Group, Head of STMicroelectronics’ Strategy, System Research and Applications, Innovation Office
Conference Call Participants:
Francois-Xavier Bouvignies – UBS
Sandeep Deshpande – JPMorgan
Lee Simpson – Morgan Stanley
Didier Scemama – Bank of America
Gianmarco Bonacina – Banca Akros
Stephane Houri – Oddo BHF
Joshua Buchalter – TD Cowen
Operator: Ladies and gentlemen, welcome to the STMicroelectronics Third Quarter 2024 Earnings Release Conference Call and Live Webcast.
STMicroelectronics N.V. (NYSE:STM) held their Q3 2024 Earnings Conference Call on October 31, 2024, at 4:30 AM ET. The call featured key company executives discussing the financial results of the third quarter.
The steadfast growth and strategic initiatives of STMicroelectronics’ leadership team have positioned the company for success in the semiconductor industry. President & CEO Jean-Marc Chery highlighted the company’s continued innovation and market strength, while CFO Lorenzo Grandi provided insights into the financial performance and future outlook.
The conference call participants, including analysts from UBS, JPMorgan, Morgan Stanley, Bank of America, Banca Akros, Oddo BHF, and TD Cowen, engaged in a robust discussion on STMicroelectronics’ performance and prospects.
Impact on Me:
As an investor, the positive financial results and strategic direction outlined during the Q3 2024 Earnings Conference Call signal potential growth and value appreciation for my investment in STMicroelectronics.
Impact on the World:
STMicroelectronics’ strong performance and innovation in semiconductor technology have the potential to drive advancements in various industries, including automotive, IoT, and consumer electronics, shaping the future of technology on a global scale.
Conclusion:
The STMicroelectronics Q3 2024 Earnings Conference Call provided valuable insights into the company’s financial health, strategic direction, and market positioning. With a focus on innovation and growth, STMicroelectronics continues to be a key player in the semiconductor industry, with implications for investors and the global technology landscape.
