STMicroelectronics (NYSE:STM) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.27 by 14.81 percent. This is a 416.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $3.487 billion which beat the analyst consensus estimate of $3.379 billion by 3.18 percent. This is a 26.07 percent increase over sales of $2.766 billion the same period last year.