STMicroelectronics NV

STMPA: XPAR (FRA)
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STMicro Earnings: Expects Q1 To Be the Bottom Despite Tariff Uncertainty; Maintain $32 Valuation

STMicroelectronics reported first-quarter revenue of $2.52 billion, down 27% year over year but in line with guidance. ST expects second-quarter revenue of $2.71 billion, up 8% sequentially and ahead of FactSet consensus estimates. Shares rose about 6% with the earnings release.

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