STMicroelectronics Reports Q4 and FY 2023 Financial Results

  
Annual Financial Summary (U.S. GAAP)

(US$ m, except earnings per share data) FY2023 FY2022 Y/Y
Net Revenues $17,286 $16,128 7.2%
Gross Profit $8,287 $7,635 8.5%
Gross Margin 47.9% 47.3% 60 bps
Operating Income $4,611 $4,439 3.9%
Operating Margin 26.7% 27.5% -80 bps
Net Income $4,211 $3,960 6.3%
Diluted Earnings Per Share $4.46 $4.19 6.4%

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