STMicroelectronics N.V. (STM) Misses Q1 EPS by 5c
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April 27, 2016 1:08 AM EDT
Net revenues of $1.61 billion and gross margin of 33.4%
Organization in place to drive growth in Smart Driving and Internet of Things
First quarter automotive and microcontroller revenues grew year-over-year, well-supporting strategic focusÂ
GENEVA, Switzerland, April 27, 2016 (GLOBE NEWSWIRE) --Â STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the first quarter ended April 2, 2016.
First quarter net revenues totaled $1.61 billion, gross margin was 33.4%, and net loss was $0.05 per share.
"ST's results were in line with... More
April 27, 2016 1:03 AM EDT
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Net revenues of $1.61 billion and gross margin of 33.4% Organization in place to drive growth in Smart Driving and Internet of Things First quarter automotive and microcontroller revenues grew year-over-year, well-supporting strategic focusÂ
Geneva, April 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of... More
