Published by Global Banking and Finance Review
Posted on January 29, 2026
1 min readLast updated: January 29, 2026
Published by Global Banking and Finance Review
Posted on January 29, 2026
1 min readLast updated: January 29, 2026
STMicroelectronics forecasts Q1 revenue of $3.04 billion, surpassing market expectations due to growth in automotive and industrial sectors.
Jan 29 (Reuters) - STMicroelectronics on Thursday forecast first-quarter revenue slightly above market expectations as its main markets recover, but posted a $141 million impairment cost as it restructures its operations.
The Franco-Italian company reported fourth-quarter net income of $125 million, below market expectations for $222 million and $369 million a year ago. Without the impairment charge, net income would have been $266 million.
Revenue for the quarter was $3.33 billion, versus the $3.29 billion expected by analysts polled by LSEG.
STMicroelectronics forecast first-quarter revenue of about $3.04 billion, above last year's figure of $2.71 billion. Analysts expected $2.99 billion according to LSEG data.
STMicroelectronics is facing a painful and contested shake-up of its European manufacturing footprint, moving output away from legacy fabs in France and Italy and concentrating investment in newer, more advanced sites.
(Reporting by Nathan Vifflin in Gdansk; Editing by Matt Scuffham)
Revenue is the total amount of money generated by a company's business activities, typically from sales of goods or services before any expenses are deducted.
Key market segments are specific groups of consumers or businesses that share similar characteristics and are targeted by companies for their products or services.
A chipmaker is a company that designs and manufactures semiconductor chips used in various electronic devices, including computers, smartphones, and automotive systems.
Revenue projection is an estimate of future revenue based on historical data, market trends, and economic conditions, helping businesses plan their financial strategies.
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