STMicroelectronics N.V. (STM) Misses Q1 EPS by 5c

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Go back to STMicroelectronics N.V. (STM) Misses Q1 EPS by 5c

STMicroelectronics Reports 2016 First Quarter Financial Results

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 focus 

GENEVA, Switzerland, April 27, 2016 (GLOBE NEWSWIRE) -- 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

STMicroelectronics Reports 2016 First Quarter Financial Results

April 27, 2016 1:03 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 focus 

Geneva, April 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of... More