STMicroelectronics Earnings Plunge 89%: Management Claims Q1 Marks Cycle Bottom as Recovery Looms

ThePatriotLight - STMicroelectronics calls Q1 the bottom of 2025, predicts better Q2

ThePatriotLight - STMicroelectronics calls Q1 the bottom of 2025, predicts better Q2STMicroelectronics calls Q1 the bottom of 2025, predicts better Q2

https://www.tradingsat.com/stmicroelectronics-NL0000226223/actualites/stmicroelectronics-dans-le-dur-stmicroelectronics-sucit-neans-a-desir-les-expectations-l-action-grimpe-1137237.html

The STMicroelectronics semiconductor group closed the first quarter of 2025 with a net profit of 56 million dollars, down 89.1% compared to the same period of 2024. Net revenues fell by 27.3% to 2.52 billion, while EBIT fell by 99.5% to just 3 million. The gross margin stood at 33.4%, down 830 basis points. What weighed on the group's result, explains a message, were lower than expected revenues in the automotive and industrial sectors, only par…

ST sees Q1 as the bottom of the market

ST had Q1 revenues of $2.52 billion with a gross margin of 33.4%, operating income of  $3 million and net income of  $56 million It forecast Q2 net revenues of ... The post ST sees Q1 as the bottom of the market appeared first on Electronics Weekly.

STMicroelectronics Earnings Plunge 89%: Management Claims Q1 Marks Cycle Bottom as Recovery Looms

Revenue falls to $2.52B amid semiconductor downturn. Q2 outlook projects 7.7% sequential growth as company targets major cost savings through 2027. Get full analysis.