STMicroelectronics reports FY 2023 revenues at $17.29 billion, up 7.2% YOY

News
Financial results
ATI News Team

The company reported fourth-quarter net revenues at $4.28 billion; gross margin at 45.5%; operating margin at 23.9%; and net income at $1.08 billion

STMicroelectronics (ST) has reported fiscal year 2023 revenues at $17.29 billion, compared to $16.13 billion last year, up 7.2% year over year, according to a press release on Jan. 25.

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