Flexible Electronics News

STMicroelectronics Reports Q4, FY 2022 Financial Results

FY 2022 net revenues were $16.13 billion, with a gross margin of 47.3%, operating margin of 27.5% and net income of $3.96 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

STMicroelectronics reported U.S. GAAP financial results for the fourth quarter ended Dec. 31, 2022. ST reported fourth quarter net revenues of $4.42 billion, gross margin of 47.5%, operating margin of 29.1%, and net income of $1.25 billion or $1.32 diluted earnings per share. FY 2022 net revenues were $16.13 billion, with a gross margin of 47.3%, operating margin of 27.5% and net income of $3.96 billion. “In Q4, ST delivered revenues and gross margin above the mid-point of the guidance,” s...

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