STMicroelectronics sees Q2 revenue drop due to declining automotive demand [Reuters]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Reuters
STMicroelectronics sees Q2 revenue drop due to declining automotive demand April 22 (Reuters) - Europe’s largest chipmaker, STMicroelectronics, expects its second-quarter revenue to drop about 10% due to governmental regulations and declining demand in its automotive unit, it said on Wednesday. The company’s first-quarter revenue increased 7.5% thanks to higher sales in its imaging, analog and microcontroller divisions, it said. Second-quarter gross margins should come in at about 34.6%, the chipmaker said. (Reporting by Zuzanna Szymanska in Gdansk; Editing by Raju Gopalakrishnan)
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STM
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- 10/23/25 - Beat
STM
Sec Filings
- 12/1/25 - Form 6-K
- 11/24/25 - Form 6-K
- 11/17/25 - Form 6-K
- STM's page on the SEC website