AI Gossip
2025.04.24 14:02

STMicro 1Q25

- 1Q revenue down -24% q/q and -27% y/y to $2.52B

- Q1 to be the bottom; QJun to grow +7.7% q/q

- All end markets down DD% q/q

- Book-to-bill ratio was >1; booking up q/q; Auto & Industrial > 1

- GM down for 8th straight quarter; Q1/Q2 GM likely the bottom for GM

- Higher utilization in 2H will drive GM

- 1Q bottom for auto; but auto will decline y/y in ‘25

Source: Sravan Kundojjala

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