STMicroelectronics Announces Fourth Quarter 2021 Preliminary Revenues and Timing for its Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
07 Januar 2022 - 7:00AM
STMicroelectronics Announces Fourth Quarter 2021 Preliminary
Revenues and Timing for its Fourth Quarter and Full Year 2021
Earnings Release and Conference Call
STMicroelectronics Announces Fourth
Quarter 2021 Preliminary Revenues and Timing for its Fourth
Quarter and Full Year 2021 Earnings Release and
Conference Call
- Preliminary Q421 net revenues of $3.56 billion, above
the outlook range
- Q4&FY21 earnings release date: January 27,
2022
Geneva – January 7, 2022 – STMicroelectronics
(NYSE: STM), a global semiconductor leader serving customers across
the spectrum of electronics applications, announced today that its
preliminary and unaudited net revenues for the fourth quarter ended
December 31, 2021 are above the business outlook range provided in
the Company’s news release dated October 28, 2021.
Preliminary Q421 net revenues are $3.56 billion, up 11.2%
sequentially and 140 basis points above the high end of the range.
The prior outlook was for Q421 net revenues to be $3.40 billion, an
increase of 6.3% sequentially, plus or minus 350 basis points.
“We ended Q421 with net revenues above the outlook range and
gross margin at or slightly above the high-end of the outlook
range, primarily due to better than anticipated operations in an
ongoing dynamic market. Our FY21 revenues reached $12.76 billion,
an increase of 24.9% compared to FY20, reflecting a strong
performance across all the end markets we address and our engaged
customer programs throughout the year.I look forward to providing
additional details on the fourth quarter and full year 2021 as well
as on our first quarter 2022 guidance during our earnings call on
January 27, 2022” said Jean-Marc Chery, STMicroelectronics’
President and CEO.
The Company will release its fourth quarter and full year 2021
earnings before the opening of trading on the European Stock
Exchanges on Thursday, January 27, 2022.
The press release will be available immediately after the
release on the Company’s website at www.st.com.
STMicroelectronics will conduct a conference
call with analysts, investors and reporters to discuss its fourth
quarter and full year 2021 financial results and current business
outlook on January 27, 2022 at 9:30 a.m. Central European Time
(CET) / 3:30 a.m. U.S. Eastern Time (ET).
A live webcast (listen-only mode) of the
conference call will be accessible at ST’s website,
http://investors.st.com, and will be available for replay until
February 11, 2022.
About STMicroelectronicsAt ST, we are 46,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An independent device manufacturer, we work with our
100,000 customers and thousands of partners to design and build
products, solutions, and ecosystems that address their challenges
and opportunities, and the need to support a more sustainable
world. Our technologies enable smarter mobility, more efficient
power and energy management, and the wide-scale deployment of the
Internet of Things and 5G technology. ST is committed to becoming
carbon neutral by 2027. Further information can be found at
www.st.com.
For further information, please contact:INVESTOR
RELATIONS:Céline BerthierGroup VP, Investor RelationsTel:
+41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis BretonHead of Corporate External
CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com
- C3060C -Jan 7- Q42021 - Preliminary revenues and Timing PR
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