24 Oct 2019 | Geneva
English | French | Italian

STMicroelectronics Reports 2019 Third Quarter Financial Results

Geneva / 24 Oct 2019

  • Q3 net revenues $2.55 billion; gross margin 37.9%; operating margin 13.1%; net income $302 million
  • YTD net revenues $6.80 billion; gross margin 38.4%; operating margin 10.9%; net income $640 million
  • Business outlook at mid-point: Q4 net revenues up about 5.0% Q/Q and gross margin of about 38.2%

The press release is available as a PDF here .