25 Apr 2018 | Geneva

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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

The press release is available as a PDF here.