STMicroelectronics reports Q2 2022 revenue at USD3.83 billion, up 28.3% y/y

News
Financial results

Net income was reported at USD867 million for the second quarter

STMicroelectronics has reported the second quarter of 2022 revenue at USD3.83 billion, up 28.3% year-on-year (y/y) from USD2.99 billion in the previous year for three months ended 2 July, according to a filing by the company on 28 July 2022. Operating income for the quarter was reported at USD1 billion, up 105.4% y/y from USD489 million in the previous year. Net income was reported at USD867 million for the second quarter of 2022, up 110.4% y/y from USD412 million in the previous year.

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