Here’s what happened in the world of consumer tech in the last week: Earnings STMicroelectronics NV (NYSE:STM) reported a first-quarter 2024 revenue decline of 18.4% year-on-year to $3.47 billion, missing the consensus of $3.62 billion. EPS of $0.54 missed the consensus of $0.59. Spotify Technology SA (NYSE:SPOT) reported fiscal first-quarter revenue of $3.95 billion (3.64 billion euros), up 20% year-on-year, beating the consensus of $3.85 billion. EPS of $1.05 (97 cents) beat the consensus of $0.70. Related: Spotify Stock Sheds All Gains After Q1 Earnings, But Analysts Are Impressed With the …
