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Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance - STMicroelectronics (NYSE:STM)

STM reported 18.4% revenue decline in Q1 2024, missed consensus estimates. Margins decreased and outlook for Q2 and 2024 is lower than expected.

Jean-marc-chery
Stmicroelectronics
I-columbia-seligman-semiconductor-and-technology
Marc-chery
Personal-electronics
Return-stacked-bonds
Managed-futures
Climate-action
Columbia-seligman-semiconductor-and-technology

STMicroelectronics N : Q1 2024 CEO script

Q1 2024 Earnings Results Jean-Marc Chery, President & CEO April 25, 2024 Good morning everyone.

Italy
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Krf-communications
Compuware
Communications-equipment
Marc-chery
Net-capex
Product-groups
General-purpose
Personal-electronics
Reportable-segments

STMicroelectronics N.V.: STMicroelectronics Reports 2024 First Quarter Financial Results

STMicroelectronics N.V.: STMicroelectronics Reports 2024 First Quarter Financial Results
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Geneva
Genè
Switzerland
Jean-marc-chery
Dennis-riedl
Product-group
Stmicroelectronics
Electronics-on
Krf-communications
Press-release
Quarter-financial-results
Net-capex

STMicroelectronics Reports 2024 First Quarter Financial Results

PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating.

Geneva
Genè
Switzerland
Jean-marc-chery
Alexis-breton
Product-group
Corporate-external-communications
Krf-communications
Stmicroelectronics
Exchange-commission
Securities-exchange
Quarter-financial

Down quarter for ST

ST had Q1 net revenues down 18.4% y-o-y at $3.47 billion for a gross profit down 31.6% y-o-y at $1.44 billion, a gross margin of 41.7%, an operating

Jean-marc-chery
Product-group
Net-capex
Personal-electronics
Marc-chery
Financial-summary
Reportable-segment

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