Recent Updates — STM
STMicroelectronics reported third-quarter net revenues of $3,757 million, a 17.9% increase from the prior year and a 7.7% sequential rise, driven by higher volumes across all segments. Gross margin expanded to 37.3%, up 250 basis points sequentially, supported by lower unused capacity charges and improved product mix. Operating income reached $367 million, nearly doubling year-over-year, while diluted earnings per share rose to $0.31 from $0.26 in the same period last year. The company provided fourth-quarter revenue guidance of approximately 10.5% sequential growth with gross margins expected around 39.0%. STMicroelectronics designs and manufactures semiconductor technologies for automotive, industrial, personal electronics, and communications applications.
STMicroelectronics N.V. repurchased 388,226 ordinary shares between October 26 and October 30, 2026, at a weighted average price of EUR 42.0797 per share for a total consideration of EUR 16,336,424.67. The transactions were executed on Euronext Paris to satisfy obligations arising from employee and management share option programs. Following these purchases, the company holds 17,255,273 treasury shares, representing approximately 1.9% of its issued capital. STMicroelectronics is a global semiconductor leader designing and manufacturing technologies for electronics applications.
STMicroelectronics announced organizational updates effective January 1, 2027. Remi El-Ouazzane is confirmed as President of Microcontrollers, Digital ICs, RF and Optical Communication Products and appointed Chief Technology Officer (CTO), taking on leadership of R&D for digital CMOS, imaging sensors, advanced packaging, and system engineering to enhance coordination across product development. Marco Cassis is confirmed as President of Analog, Power & Discrete and MEMS Products and appointed Chief Strategic Officer (CSO), assuming responsibility for analog, power, discrete, and MEMS technology R&D while retaining his role in strategy to identify growth and M&A opportunities. The remainder of the organization remains unchanged, with implementation expected by March 2027. STMicroelectronics is a global semiconductor leader designing and manufacturing integrated circuits and sensors.
STMicroelectronics reported third-quarter net revenues of $3.76 billion, a 17.9% increase year-over-year, with gross margin at 37.3%. Operating income reached $367 million on a U.S. GAAP basis and $429 million non-GAAP, while diluted earnings per share were $0.31 ($0.37 non-GAAP). The company provided fourth-quarter guidance of $4.15 billion in net revenues and 39.0% gross margin at the mid-point. ST also announced a full-year revenue outlook of approximately $14.5 billion, driven by growth in embedded processing and RF optical communications segments. STMicroelectronics is a global semiconductor leader serving customers across electronics applications.
STMicroelectronics repurchased 444,659 ordinary shares between October 19 and 23, 2026, at a weighted average price of EUR 40.52 per share for a total of EUR 18,017,915.91. The transactions were executed on Euronext Paris to satisfy obligations arising from employee share option programs and other allocations. Following these purchases, the company holds 16,867,047 treasury shares, representing approximately 1.9% of its issued capital. STMicroelectronics is a global semiconductor leader designing and manufacturing technologies for electronics applications.
STMicroelectronics repurchased 492,285 ordinary shares at a weighted average price of EUR 42.95 per share for a total value of EUR 21,145,480 between October 12 and 16, 2026. The transactions were conducted on Euronext Paris to satisfy obligations arising from employee share option programs and other allocations. Following these purchases, the company holds 16,422,388 treasury shares, representing approximately 1.8% of its issued share capital. STMicroelectronics is a global semiconductor leader designing and manufacturing technologies for electronics applications.