UPDATE 1-STMicroelectronics sees Q2 revenue drop due to automotive slowdown and coronavirus [Reuters]
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: Reuters
STMicroelectronics sees second-quarter revenue drop due to automotive slowdown and coronavirus (Reuters) - Europe’s largest chipmaker STMicroelectronics ( STM.PA ) sees a 10% drop in second-quarter revenue due to declining automotive demand and governmental measures to contain the coronavirus pandemic, it said on Wednesday. The chipmaker had said in January its expects a drop in first-quarter sales due to falling demand for smartphone components that should be followed by a rebound in the second quarter. “The COVID-19 outbreak and subsequent containment measures by governments around the world brought challenges in our manufacturing operations and, especially in the last few days of the quarter, logistics,” Chief Executive Jean-Marc Chery said. Second-quarter gross margins should come in at about 34.6% after 37.9% in the first quarter due to these challenges as well as declining demand in STMicroelectronics’ automotive segment, Chery said. If supply constraints are lifted, STMicroel
Show less
Read more
Impact Snapshot
Event Time:
STM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STM alerts
High impacting STMicroelectronics N.V. news events
Weekly update
A roundup of the hottest topics
STM
News
- Is STMicroelectronics Now an Opportunity After Its Recent Share Price Rebound? [Yahoo! Finance]Yahoo! Finance
- Lorenzo Grandi, STMicroelectronics' President and CFO to speak at Barclays investor conference [Yahoo! Finance]Yahoo! Finance
- STMicroelectronics announces status of common share repurchase programGlobeNewswire
- TSE and STMicroelectronics (STM) Signs Physical Power Purchase Agreement [Yahoo! Finance]Yahoo! Finance
- A Look at STMicroelectronics (ENXTPA:STMPA) Valuation After Modest Share Price Rebound [Yahoo! Finance]Yahoo! Finance
STM
Earnings
- 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