STMicroelectronics Reports 2016 Third Quarter and Nine Month Financial Results
Geneva / 27 Oct 2016
- Third quarter net revenues of $1.80 billion, up 5.5% sequentially and 1.9% year-over-year
- Q3 gross margin of 35.8%, up 190 basis points sequentially; up 100 basis points year-over-year
- Free cash flow(1) before acquisition was $178 million in Q3; $256 million year-to-date
The press release is available as a PDF here.
