STMicroelectronics N.V. (STM) Tops Q4 EPS by 2c (Earlier)
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STMicroelectronics Reports Q4 and FY 2018 Financial Results
January 24, 2019 1:01 AM ESTPR No: C2871C
STMicroelectronics Reports Q4 and FY 2018 Financial Results
Q4: Net revenues $2.65 billion; operating margin 16.8%; net income $418 millionFY: Net revenues up 15.8% to $9.66 billion, operating income up 39.3% to $1.40 billion, net income up 60.4% to $1.29 billionQ1 2019 business outlook at mid-point: net revenues of about $2.1 billion and gross margin of about 39.0%Geneva, January 24, 2019 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the fourth quarter and... More
