24 Oct 2018 | Geneva
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STMicroelectronics Reports Q3 2018 Financial Results

Geneva / 24 Oct 2018

  • Q3 net revenues $2.52 billion (up 18.1% Y/Y)
  • Q3 operating margin 15.8% (up 270 bps Y/Y), net income $369 million (up 56.7% Y/Y)
  • Business outlook at mid-point: Q4 net revenues up about 5.7% Q/Q, FY18 net revenues up about 16.0% Y/Y; Q4 gross margin about 39.8%

The press release is available as a PDF here .