STMicroelectronics N.V. : What to expect from STM’s Q1 2023 figures?
>We expect Q1 2023 to be in line with the guidance and consensus - STM is due to report its Q1 2023 results on 27 April before trading, with a conference call at 9.30 CET. We expect the release to be in line with expectations, with sales of $ 4.2bn, or a q-o-q decline of 5%, in line with the guidance of -5.1% +/- 350bp. The quarter is set to have been marked by a good showing in automotive and industry, but also by unfavourable seasonality in the consumer segment (not...STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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