TechMeme April 23, 2026
STMicro reports Q1 revenue of $3.10B, above $3.04B est., $171M operating income, above $165.8 est., and forecasts $3.45B revenue for Q2, above $3.21B est. (Nathan Vifflin/Reuters)
STMicroelectronics reported $3.10B in Q1 revenue and $171M in operating income. The company forecasts $3.45B in Q2 revenue. Revenue and operating income exceeded estimates of $3.04B and $165.8M, respectively.