STMicroelectronics N.V. (STM) Tops Q3 EPS by 8c

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Go back to STMicroelectronics N.V. (STM) Tops Q3 EPS by 8c

STMicroelectronics Reports 2014 Third Quarter and Nine Month Financial Results

October 29, 2014 2:39 AM EDT

PR No. C2766C

STMicroelectronics Reports 2014 Third Quarter and Nine Month Financial Results

Sequential improvement in net revenues and gross margin: to $1.89 billion and 34.3%, respectively  $72 million net income in the third quarter Positive free cash flow of $140 million in the third quarter* Plan for the digital business to achieve $100 million of annualized savings

GENEVA, Oct. 29, 2014 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the third quarter... More