STMicroelectronics N.V. (STM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, everyone, for joining our first quarter 2025 Financial Result Call. Hosting the call today is Jean-Marc Chéry, ST President and Chief Executive Officer. Joining Jean-Marc on the call today are Lorenzo Grandi, President and CFO, and Marco Cassis, President Analog Power and Discrete MEMS and Sensor Groups, and Head of ST Microelectronics Strategy, System Research and Application and Innovation Office. This live webcast and presentation materials can be accessed on the ST Investor Relations website. A replay will be available shortly after the conclusion of this call. This call will include forward-looking statements that involve risk factors that could cause ST results to differ materially from management expectations and plans. We encourage you to review the safe harbor statement contained in the press release. That's what issued with us this morning, and also in STMOS' recent regulatory filing for a full description of these risk factors. Also, to ensure all participants have an opportunity to ask questions during the Q&A session, please limit yourself to one question and a brief follow-up. Now, I'd like to turn the call over to Jean Marchery, ST President and CEO. Thank you, Jérôme. Good morning, everyone, and thank you for joining ST for our Q1 2025 earnings conference call. I will start with an overview of the first quarter, including business dynamics, and I will hand over to Lorenzo for the detailed financial overview. I will then comment on the hot look and conclude before answering your questions. So, starting with Q1. In a persistently uncertain environment, our first quarter net revenues were in line with the midpoint of our business outlook range, driven by higher revenues in personal electronics, offset by lower revenues in automotive and indust...