STMicroelectronics N.V. (STM) Tops Q4 EPS by 6c; Issues Q1 Outlook

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Go back to STMicroelectronics N.V. (STM) Tops Q4 EPS by 6c; Issues Q1 Outlook

STMicroelectronics Reports 2014 Fourth Quarter and Full Year Financial Results

January 28, 2015 1:36 AM EST

Fourth quarter in line with expectations with net revenues of $1.83 billion and gross margin of 33.8% Net income turnaround to positive $128 million in 2014 Free cash flow turnaround to positive $197 million in 2014*

GENEVA, Jan. 28, 2015 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the fourth quarter and full year ended December 31, 2014.

Fourth quarter net revenues totaled $1.83 billion, gross margin was 33.8%, and net income per share was $0.05. For the full year 2014, net... More