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News Center

STMicroelectronics Reports 2020 First Quarter Financial Results

2020/04/23STMicroelectronics  Company / Market Trends

 

・ Q1 net revenues $2.23 billion; gross margin 37.9%; operating margin 10.4%; net income $192 million
・Q1 net financial position(1) $668 million
・Business outlook at mid-point: Q2 net revenues $2.0 billion and gross margin of 34.6%


Geneva, April 22, 2020 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 28, 2020. This press release also contains non-U.S. GAAP measures (see Appendix for additional information).
 

ST reported first quarter net revenues of $2.23 billion, gross margin of 37.9%, operating margin of 10.4%, and net income of $192 million or $0.21 diluted earnings per share.


Please be refered below News Release.
https://press.st-jp.jp/C2954C/C2954C_2020Q1_Results_ENG_Apr23.pdf











Companies Website:
https://www.st.com/content/st_com/en.html/

STMicroelectronics News Release

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