STMicroelectronics Reports 2016 Fourth Quarter and Full Year Financial Results
Geneva / 26 Jan 2017
- Fourth quarter net revenues up 3.5% sequentially and 11.5% year-over-year
- Fourth quarter gross margin of 37.5%, above our guidance, drives operating margin before impairment and restructuring(1) to 8.2%
- 2016 net revenues of $6.97 billion; net income of $165 million, free cash flow(1) of $312 million
The press release is available as a PDF here.
