STMicroelectronics Reports 2017 Third Quarter and Nine Months Financial Results

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STMicroelectronics N.V. (STM) Tops Q3 EPS by 1c

October 26, 2017 6:23 AM EDT

STMicroelectronics N.V. (NYSE: STM) reported Q3 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $2.14 billion versus the consensus estimate of $2.09 billion.

Fourth Quarter 2017 Business Outlook

Mr. Bozotti commented, "We see clear opportunities in front of us to continue to drive revenue growth, margin expansion... More