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Earnings Call Summary | STMicroelectronics(STM.US) Q1 2024 Earnings Conference

Earnings Call Summary | STMicroelectronics(STM.US) Q1 2024 Earnings Conference

财报电话会议摘要 | 意法半导体 (STM.US) 2024 年第一季度业绩发布会
富途资讯 ·  04/25 20:23  · 电话会议

The following is a summary of the STMicroelectronics N.V. (STM) Q1 2024 Earnings Call Transcript:

以下是意法半导体公司(STM)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • STMicroelectronics reported Q1 net revenues at $3.47 billion, down by 18.4% year-over-year, with a gross margin of 41.7%.

  • Operating margin and net income showed notable downwards trends.

  • Order bookings particularly from the Industrial sector remained weak in Q1.

  • The Q2 2024 outlook estimates further declines in revenues and gross margins.

  • The full year 2024 revenue range is revised down between $14 billion to $15 billion, reflecting a deteriorating market environment.

  • 意法半导体报告称,第一季度净收入为34.7亿美元,同比下降18.4%,毛利率为41.7%。

  • 营业利润率和净收入显示出明显的下降趋势。

  • 第一季度订单,尤其是来自工业部门的订单仍然疲软。

  • 2024年第二季度展望预计收入和毛利率将进一步下降。

  • 2024年全年收入范围下调至140亿美元至150亿美元之间,这反映了市场环境的恶化。

Business Progress:

业务进展:

  • STMicroelectronics experienced a slowdown in the Automotive sector, as the demand from electric vehicle production reduced. However, the company managed to win significant contracts supporting car electrification from major truck manufacturers.

  • Despite a correction seen in Q1, ST Electronics continued to develop momentum on edge AI applications.

  • With successful customer engagements in Personal electronics and Computer peripherals, the company managed to earn awards for RF front-end modem solutions.

  • The company's commitment to sustainability showed significant progress with a 45% decrease in greenhouse gas emissions from 2018.

  • Further, future outlook for silicon carbide growth remains positive, and the company is committed to protecting innovation and R&D while adjusting business priorities.

  • 由于电动汽车生产需求减少,意法半导体经历了汽车行业的放缓。但是,该公司成功赢得了主要卡车制造商的支持汽车电气化的重要合同。

  • 尽管在第一季度出现了修正,但意法半导体在边缘人工智能应用方面继续保持势头。

  • 凭借客户在个人电子产品和计算机外围设备领域的成功合作,该公司成功地获得了射频前端调制解调器解决方案的奖项。

  • 该公司对可持续发展的承诺取得了重大进展,温室气体排放量自2018年以来减少了45%。

  • 此外,碳化硅增长的未来前景仍然乐观,该公司致力于保护创新和研发,同时调整业务重点。

More details: STMicroelectronics IR

更多详情: 意法半导体 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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