STMicroelectronics N.V. reported earnings results for the third quarter and nine months ended October 01, 2022. For the third quarter, the company reported sales was USD 4,305 million compared to USD 3,192 million a year ago. Revenue was USD 4,321 million compared to USD 3,197 million a year ago. Net income was USD 1,099 million compared to USD 474 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 1.16 compared to USD 0.51 a year ago.
For the nine months, sales was USD 11,675 million compared to USD 9,187 million a year ago. Revenue was USD 11,704 million compared to USD 9,205 million a year ago. Net income was USD 2,713 million compared to USD 1,251 million a year ago. Basic earnings per share from continuing operations was USD 2.99 compared to USD 1.38 a year ago. Diluted earnings per share from continuing operations was USD 2.87 compared to USD 1.35 a year ago.