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STMicro Calls Out Bottom In Q1, Forecasts Q2 Rebound Focusing On Cost Cuts
Summary
STMicroelectronics reported a 27.3% decrease in net revenues for the first quarter of 2025, beating analyst estimates. CEO focused on innovation and cost management amid uncertain environment. Q2 revenue expected to increase by 7.7%.
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Read Full ArticleArticle published on April 24, 2025 by benzinga