STMicroelectronics N.V. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 4,408 million compared to USD 3,542 million a year ago. Revenue was USD 4,424 million compared to USD 3,556 million a year ago. Net income was USD 1,248 million compared to USD 750 million a year ago. Basic earnings per share from continuing operations was USD 1.38 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 1.32 compared to USD 0.82 a year ago.
For the full year, sales was USD 16,083 million compared to USD 12,729 million a year ago. Revenue was USD 16,128 million compared to USD 12,761 million a year ago. Net income was USD 3,960 million compared to USD 2,000 million a year ago. Basic earnings per share from continuing operations was USD 4.37 compared to USD 2.21 a year ago. Diluted earnings per share from continuing operations was USD 4.19 compared to USD 2.16 a year ago.