<p>➀ STMicroelectronics reported Q1 revenues of $2.52 billion with a gross margin of 33.4% and an operating income of $3 million. Net income was $56 million.</p><p>➁ The company expects Q2 net revenues of $2.71 billion and a gross margin of 33.4%. A company-wide program to resize the company is expected to save in the high triple-digit million-dollar range by 2027.</p><p>➂ CEO Jean-Marc Chery highlighted the improvement in the book-to-bill ratio for Automotive and Industrial segments and the focus on innovation and cost management in the uncertain environment.</p>