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27 Apr 2022 | Geneva

STMicroelectronics Reports 2022 First Quarter Financial Results

  • Q1 net revenues $3.55 billion; gross margin 46.7%; operating margin 24.7%; net income $747 million
  • Q1 free cash flow (1) $82 million after net capital expenditure payments of $840 million
  • Business outlook at the mid-point: Q2 net revenues of $3.75 billion and gross margin of 46.0%

The press release is available as a PDF here.