STMicroelectronics Reports 2019 First Quarter Financial Results

PR No: C2893C STMicroelectronics Reports 2019 First Quarter Financial Results Q1: Net revenues $2.08 billion; operating margin 10.2%; net income $178 million Cash dividend of $0.24 per common share payable in equal quarterly installments proposed to the 2019 Annual General Meeting of...

London, 24/04/2019 (informazione.it - comunicati stampa - information technology)

PR No: C2893C

a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 30, 2019. This press release also contains non-U.S. GAAP measures (see Appendix for additional information).

ST reported first quarter net revenues of $2.08 billion, gross margin of 39.4%, operating margin of 10.2%, and net income of $178 million or $0.20 diluted earnings per share.

Jean-Marc Chery, STMicroelectronics President & CEO, commented: