STMicroelectronics Reports 2017 Third Quarter and Nine Months Financial Results
Geneva / 26 Oct 2017
- Third quarter net revenues of $2.14 billion, up 11.1% sequentially and 18.9% year-over-year
- Third quarter gross margin of 39.5%, up 120 basis points sequentially, driving operating margin before impairment and restructuring(1) to 13.7%
- First nine months net revenues up 15.0% to $5.88 billion, net income of $494 million and free cash flow(1) of $194 million
- ST re-entered the CAC 40 Euronext Paris Index
The press release is available as a PDF here .