Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 04:45:13 +0500 Thu, 09 Apr 2026 04:45:13 +0500 60 STMicroelectronics posts better-than-expected Q1 results https://english.aaj.tv/news/30319324/stmicroelectronics-posts-better-than-expected-q1-results <p><strong>LONDON: European chipmaker STMicroelectronics (STM.DE) reported better-than-expected first-quarter results on Thursday.</strong></p> <p>The company’s revenue jumped 20% year-over-year to $4.25 billion in the quarter, outperforming analysts’ average estimate of $4.19 billion, according to IBES data from Refinitiv Eikon.</p> <p>Citing a favorable business environment, CEO Jean-Marc Chery said the company was aiming for full-year revenue of $17 billion to $17.8 billion, keeping it on course for its target of $20 billion by 2027.</p> <p>STMicroelectronics’s first-quarter earnings of $1.10 per share, also beat analysts’ average forecast of $0.99 per share, IBES data showed.</p> <p>Net income rose about 40% year-over-year to $1.04 billion in the quarter.</p> LONDON: European chipmaker STMicroelectronics (STM.DE) reported better-than-expected first-quarter results on Thursday.

The company’s revenue jumped 20% year-over-year to $4.25 billion in the quarter, outperforming analysts’ average estimate of $4.19 billion, according to IBES data from Refinitiv Eikon.

Citing a favorable business environment, CEO Jean-Marc Chery said the company was aiming for full-year revenue of $17 billion to $17.8 billion, keeping it on course for its target of $20 billion by 2027.

STMicroelectronics’s first-quarter earnings of $1.10 per share, also beat analysts’ average forecast of $0.99 per share, IBES data showed.

Net income rose about 40% year-over-year to $1.04 billion in the quarter.

]]> Business & Economy https://english.aaj.tv/news/30319324 Thu, 27 Apr 2023 11:14:08 +0500 none@none.com (Reuters) The logo of electronics and semiconductors manufacturer STMIcroelectronics is seen outside a company building in Montrouge, near Paris, France, July 12, 2022. REUTERS