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STMicroelectronics Announces Timing for First Quarter 2021 Earnings Release and Conference Call

Electronics Maker by Electronics Maker
April 7, 2021
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Apr 7, 2021: STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release first quarter 2021 earnings before the opening of trading on the European Stock Exchanges on April 29, 2021.

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 first quarter 2021 financial results and current business outlook on April 29, 2021 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 May 14, 2021.

FQ3-21GAAP(1) OutlookNon-GAAP(2) Outlook
   
Revenue$7.1 billion ± $200 million$7.1 billion ± $200 million
Gross margin40.5% ± 1%41.5% ± 1%
Operating expenses$930 million ± $25 million$875 million ± $25 million
Interest (income) expense, net$27 million$25 million
Diluted earnings per share$1.52 ± $0.07$1.62 ± $0.07

Further information regarding Micron’s business outlook is included in the prepared remarks and slides, which have been posted at investors.micron.com.

Tags: financial
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