April 23 (Reuters) - STMicroelectronics STMPA.PA on Thursday reported first-quarter results above estimates pointing to signs of recovery in its key semiconductor markets.
The Franco-Italian chipmaker reported revenue of $3.10 billion for the first three months of the year, versus the $3.04 billion expected by analysts polled by LSEG. Operating income was $171 million, above market expectations of $165.8 million.
(Reporting by Nathan Vifflin in Gdansk; Editing by Matt Scuffham)
((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))