Celine Berthier Stephane Houri In Q3, we have a solid forecast for them. And now as usual, Q3 is the biggest quarter or in Q4, we will have -- for the time being, we see a decrease versus Q3. But so far, now the plan they gave to us are stabilized. More about the content of semiconductor in ST. I repeat, second half this year and first half next year is a lowest point in terms of content of ST in our main customer. Why? Because we have lost this famous optical module. But I confirm to you that starting H2 2 ...

STMicroelectronics Reports 2024 Second Quarter Financial Results ST reported second quarter net revenues of $3.23 billion, gross margin of 40.1%, operating margin of 11.6%, and net income of $353 million or $0.38 diluted earnings per share. Quarterly Financial Summary (U.S. GAAP) Reminder: On January 10, 2024, ST announced a new organization which implied a change in segment reporting starting Q1 2024. Comparative periods have been adjusted accordingly. See Appendix for more detail. Net revenues totaled $3. ...

This press release contains supplemental non-U.S. GAAP financial information. Readers are cautioned that these measures are unaudited and not prepared in accordance with U.S. GAAP and should not be considered as a substitute for U.S. GAAP financial measures. In addition, such non-U.S. GAAP financial measures may not be comparable to similarly titled information from other companies. To compensate for these limitations, the supplemental non-U.S. GAAP financial information should not be read in isolation, but ...

STMicroelectronics (NYSE:STM) will release its second quarter 2024 earnings before the opening of trading on the European Stock Exchanges on July 25, 2024. For Q2 2024, STM expects net revenues to fall to $3.2 billion with a gross margin around 40%. This would be a YoY decrease of 7.8%. For the full-year 2024 STM has revised revenues down to $14-$15 billion, with a gross margin in the low 40s. Analysts also expect the company to report an EPS of about $1.02. In the previous Q1 2024 call, STM reported net re ...

PR N°C3270C STMicroelectronics Announces Status of Common Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Jul 01, 2024 to Jul 05, 2024 AMSTERDAM – July 8, 2024 -- STMicroelectronics N.V. (the "Company" or "STMicroelectronics"), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the "Program") disclosed via a press release dated June 21, 2024. The Program was approved b ...

PR N° C3267C The Completed Buy-Backs were launched on July 1, 2021 and their duration was approximately 3 years. The actual timing, number and value of Company shares repurchased under the New Buy-Backs will depend on a number of factors, including market conditions, general business conditions and applicable legal requirements. The Company is not obligated to carry out either of the share buy-back programs, and, if commenced, either share buy-back program may be suspended and discontinued at any time, for ...

STMicroelectronics Announces Completion of its 2021 Share Buy-back Programs and Launch of a new 3 Year $1,100 million Share Buy-Back Plan in 2024 The Completed Buy-Backs were carried out, and the New Buy-Backs will be carried out, in accordance with the authorization of the Supervisory Board and the provisions of the Market Abuse Regulation (EU) 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) 2016/1052. The Completed Buy-Backs were launched on July 1, 2021 and their duratio ...

New starting point for all edge-AI projects gathers tools, software and resources in one place for faster, smoother developer experience The ST Edge AI Suite is an integrated collection of software tools, designed to facilitate the development and deployment of embedded AI applications. This comprehensive suite supports both optimization and deployment of machine-learning algorithms, starting from data collection to final deployment on hardware, streamlining the workflow for different types of users. "ST Ed ...

Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC Supply Agreement and Joint Lab with STMicroelectronics Beijing, China, June 4, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and Geely Auto Group (HKEX: HK0175), a global leading automobile and new energy vehicle (NEV) manufacturer, today announced they have signed a long- term Silicon Carbide (SiC) supply agreement to accelerate their existing coo ...

PR N° C3262C STMicroelectronics to build the world's first fully integrated silicon carbide facility in Italy Geneva, Switzerland, May 31, 2024 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces a new high-volume 200mm silicon carbide ("SiC") manufacturing facility for power devices and modules, as well as test and packaging, to be built in Catania, Italy. Combined with the SiC substrate manufacturing facility being rea ...