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STMicroelectronics Reports 2025 First Quarter Financial Results
STMST(STM) Newsfilter·2025-04-24 13:00

PR No: C3332C  STMicroelectronics Reports 2025 First Quarter Financial Results Q1 net revenues 2.52billion;grossmargin33.42.52 billion; gross margin 33.4%; operating income 3 million; net income 56millionBusinessoutlookatmidpoint:Q2netrevenuesof56 millionBusiness outlook at mid-point: Q2 net revenues of 2.71 billion and gross margin of 33.4% 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. ...