05:02 AM EDT, 10/23/2025 (MT Newswires) -- STMicroelectronics ( STM ) reported Q3 non-GAAP earnings Thursday of $0.29 per diluted share, down from $0.37 a year earlier.

Analysts polled by FactSet expected $0.23.

Net revenue for the quarter was $3.19 billion, down from $3.25 billion a year earlier.

Analysts surveyed by FactSet expected $3.17 billion.

For Q4, the company expects revenue of $3.28 billion at the midpoint. Analysts polled by FactSet expect $3.34 billion.

Shares of the company were down more than 5% in premarket activity.