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 .