STMicroelectronics Reports 2021 First Quarter Financial Results
- Q1 net revenues $3.02 billion; gross margin 39.0%; operating margin 14.6%; net income $364 million
- Q1 free cash flow(1) $261 million after net capital expenditure payments of $405 million
- Business outlook at the mid-point: Q2 net revenues of $2.9 billion and gross margin of 39.5%
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