STMicroelectronics N.V. (STM) Tops Q3 EPS by 1c
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STMicroelectronics Reports 2017 Third Quarter and Nine Months Financial Results
October 26, 2017 1:05 AM EDTThird quarter net revenues of $2.14 billion, up 11.1% sequentially and 18.9% year-over-yearThird quarter gross margin of 39.5%, up 120 basis points sequentially, driving operating margin before impairment and restructuring(1) to 13.7%First nine months net revenues up 15.0% to $5.88 billion, net income of $494 million and free cash flow(1) of $194 millionST re-entered the CAC 40 Euronext Paris IndexÂ
Geneva, October 26, 2017 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the third quarter and nine months ended September 30,... More
