STMicroelectronics (NYSE:STM) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.17 by 23.53 percent. This is a 116.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $3.095 billion which beat the analyst consensus estimate of $3.039 billion by 1.85 percent. This is a 22.96 percent increase over sales of $2.517 billion the same period last year.