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Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1


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2024-01-25 07:40:10
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Jillian Deutsch / Bloomberg:

Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.  —  - Revenue in the first quarter is seen falling 15% year-on-year  — Company said demand from industrial sector fell last quarter



Jillian Deutsch / Bloomberg:

Franco-Italian chipmaker STMicro reports Q4 revenue down 3.2% YoY to $4.28B, meeting est., and expects Q1 revenue to fall 15% YoY to $3.6B, below $4.1B est.  —  - Revenue in the first quarter is seen falling 15% year-on-year  — Company said demand from industrial sector fell last quarter



Source: TechMeme
Source Link: http://www.techmeme.com/240125/p6#a240125p6


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