STMicroelectronics forecasts first-quarter revenue slightly above expectations-March 2024-www.financetom.com

STMicroelectronics forecasts first-quarter revenue slightly above expectations

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STMicroelectronics forecasts first-quarter revenue slightly above expectations

Mar 11, 2026 2:05 AM

Jan 29 (Reuters) - STMicroelectronics on

Thursday forecast first-quarter ‌revenue slightly above market

expectations, ‍as ⁠the ⁠chipmaker pointed ‌to further recovery in

its key ⁠automotive ‍and industrial markets.

The Franco-Italian group ‍forecast first-quarter revenue of

about $3.04 billion, above ‍last years figure of $2.71 billion.

Analysts expected $2.99 billion according to LSEG data.

(Reporting by Nathan Vifflin ‍in Gdansk)

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