October 24, 2019 / 5:58 AM / 24 days ago

BRIEF-STMicroelectronics Q3 Operating Income Drops To 336 Million Dollars

Oct 24 (Reuters) - STMICROELECTRONICS NV:

* STMICROELECTRONICS REPORTS 2019 THIRD QUARTER FINANCIAL RESULTS

* SEES Q4 REVENUE UP ABOUT 5 PERCENT

* SEES Q4 GROSS MARGIN OF ABOUT 38.2%, PLUS OR MINUS 200 BASIS POINTS

* Q3 NET INCOME $302 MLN VS $369 MLN YEAR AGO

* Q3 OPERATING INCOME $336 MLN VS $398 MLN YEAR AGO Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below