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STMicroelectronics N.V. (STM) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 Revenue Guidance Above Consensus

January 23, 2020 6:13 AM EST

STMicroelectronics N.V. (NYSE: STM) reported Q4 EPS of $0.43, $0.06 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.68 billion.

Q4 net revenues $2.75 billion; gross margin 39.3%; operating margin 16.7%; net income $392 millionFY net revenues $9.56 billion; gross margin 38.7%; operating margin 12.6%; net income $1,032 millionBusiness outlook at mid-point: Q1 net revenues of $2.36 billion and gross margin of 38.0%

Jean-Marc Chery, STMicroelectronics President & CEO,... More