STMicroelectronics N.V. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 4,262 million compared to USD 4,408 million a year ago. Revenue was USD 4,282 million compared to USD 4,424 million a year ago.

Net income was USD 1,076 million compared to USD 1,248 million a year ago. Basic earnings per share from continuing operations was USD 1.19 compared to USD 1.38 a year ago. Diluted earnings per share from continuing operations was USD 1.14 compared to USD 1.32 a year ago.