STMicroelectronics N.V. (STM) Reports In-Line Q1 EPS

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Go back to STMicroelectronics N.V. (STM) Reports In-Line Q1 EPS

STMicroelectronics Reports 2018 First Quarter Financial Results

April 25, 2018 1:02 AM EDT

PR No. C2848C

STMicroelectronics Reports 2018 First Quarter Financial Results

Net revenues of $2.23 billion, up 22.2% year-over-year Gross and operating margins up significantly year-over-year to 39.9% and 12.1%, respectively Net income of $239 million, year-over-year improvement of $131 million Cash dividend of $0.24 per common share payable in equal quarterly installments proposed to the 2018 Annual General Meeting of Shareholders

Geneva, April 25, 2018 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the first... More