STMicroelectronics Reports 2015 First Quarter Financial Results

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STMicroelectronics (STM) Q1 Revenue Misses Views, Offers Q2 Guidance

April 30, 2015 7:24 AM EDT

STMicroelectronics N.V. (NYSE: STM) reported Q1 EPS of ($0.03), $0.05 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.74 billion.

Second Quarter 2015 Business Outlook

Mr. Bozotti commented, "In the second quarter, we expect to... More