STMicroelectronics Reports 2017 Fourth Quarter and Full Year Financial Results

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STMicroelectronics N.V. (STM) Misses Q4 EPS by 1c, Offers Outlook

January 25, 2018 6:14 AM EST

STMicroelectronics N.V. (NYSE: STM) reported Q4 EPS of $0.34, $0.01 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $2.47 billion versus the consensus estimate of $2.36 billion.

First Quarter 2018 Business Outlook

Mr. Bozotti commented, "We exited 2017 with very strong revenue growth, and significant improvement in our operating profitability and net income. In 2018, our objective is to leverage our achievements to... More