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Stock impact report

STMicroelectronics Reports 2025 First Quarter Financial Results [Yahoo! Finance]

STMicroelectronics N.V. (STM) 
Last stmicroelectronics n.v. earnings: 4/22 01:00 am Check Earnings Report
US:NYSE Investor Relations: investors.st.com
Company Research Source: Yahoo! Finance
Business outlook at mid-point: Q2 net revenues of $ billion and gross margin of Company-wide program to reshape manufacturing footprint and resize global cost base on track; annual cost savings target in the high triple-digit million-dollar range exiting 2027 confirmed. Geneva, April 24, 2025 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 29, 2025. This press release also contains non-U.S. GAAP measures (see Appendix for additional information). ST reported first quarter net revenues of $2.52 billion, gross margin of 33.4%, operating income of $3 million and net income of $56 million or $0.06 diluted earnings per share. Jean-Marc Chery, ST President & CEO, commented: “Q1 net revenues came in line with the midpoint of our business outlook range, driven by higher revenues in Personal Electronics offset by lower- Show less Read more
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