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STMicroelectronics NV (STM.PA)

STM.PA on Paris Stock Exchange

15.60EUR
23 Aug 2019
Change (% chg)

€-0.76 (-4.65%)
Prev Close
€16.36
Open
€16.50
Day's High
€16.51
Day's Low
€15.60
Volume
3,529,834
Avg. Vol
3,394,037
52-wk High
€18.06
52-wk Low
€10.64

Latest Key Developments (Source: Significant Developments)

Stmicroelectronics Q2 Operating Income Down At 196 Million Dollars
Thursday, 25 Jul 2019 

July 25 (Reuters) - Stmicroelectronics Nv ::STMICROELECTRONICS REPORTS 2019 SECOND QUARTER FINANCIAL RESULTS.SEES FY 2019 REVENUE ABOUT $9.35 BILLION TO $9.65 BILLION.Q2 REVENUE $2.17 BILLION.Q2 EARNINGS PER SHARE $0.18.SEES Q3 2019 REVENUE UP ABOUT 15.3 PERCENT.Q2 NET INCOME $ 160 MILLION VERSUS $ 261 MILLION YEAR AGO.Q2 OPERATING MARGIN 9.0% VERSUS 12.7% YEAR AGO.Q2 NET REVENUES $2.17 BILLION VERSUS $2.27 BILLION YEAR AGO.Q2 OPERATING INCOME $196 MILLION VERSUS $289 MILLION YEAR AGO.H1 NET REVENUES $4.25 BILLION; GROSS MARGIN 38.8%; OPERATING MARGIN 9.6%; NET INCOME $338 MILLION.  Full Article

STMicroelectronics Upgrades Its Net Revenues Targets
Thursday, 25 Jul 2019 

July 25 (Reuters) - STMICROELECTRONICs NV ::REG-STMICROELECTRONICS REPORTS 2019 SECOND QUARTER FINANCIAL RESULTS.FOR FULL YEAR 2019, WE NOW EXPECT NET REVENUES TO BE IN RANGE OF ABOUT $9.35 TO $9.65 BILLION.FOR Q3 2019 SEES GROSS MARGIN OF ABOUT 37.5%, PLUS OR MINUS 200 BASIS POINTS.WE CONFIRM OUR INVESTMENT PLAN OF $1.1 TO $1.2 BILLION.FOR Q3 SEES NET REVENUES ARE EXPECTED TO INCREASE ABOUT 15.3% SEQUENTIALLY, PLUS OR MINUS 350 BASIS POINTS.FOR Q3 SEES GROSS MARGIN OF ABOUT 37.5%, PLUS OR MINUS 200 BASIS POINTS.Q3 OUTLOOK IS BASED ON ASSUMED EFFECTIVE CURRENCY EXCHANGE RATE OF ABOUT $1.15 = €1.00 FOR Q3 AND INCLUDES IMPACT OF EXISTING HEDGING CONTRACTS.  Full Article

Kudelski Collaborates With STMicroelectronics On IoT Security
Thursday, 18 Jul 2019 

July 18 (Reuters) - KUDELSKI SA ::WORKS WITH STMICROELECTRONICS TO BRING END-TO-END IOT SECURITY TO CONSUMER AND INDUSTRIAL IOT CUSTOMERS.  Full Article

STMicro CFO Does Not Expect Significant Reduction In Inventories In Q2
Wednesday, 24 Apr 2019 

April 24 (Reuters) - :STMICROELECTRONICS CFO DOES NOT EXPECT SIGNIFICANT REDUCTION IN INVENTORIES IN Q2, EXPECTS REDUCTION IN H2.  Full Article

STMicroelectronics Q1 Operating Income Decreased 21.6% To 211 Million USD
Wednesday, 24 Apr 2019 

April 24 (Reuters) - STMICROELECTRONICS NV ::Q1: NET REVENUES $2.08 BILLION; OPERATING MARGIN 10.2%; NET INCOME $178 MILLION (REMOVES EXTRANEOUS WORDS AND ERRONEOUS COMPARISON).REG-STMICROELECTRONICS REPORTS 2019 FIRST QUARTER FINANCIAL RESULTS.CASH DIVIDEND OF $0.24 PER COMMON SHARE PAYABLE IN EQUAL QUARTERLY INSTALLMENTS PROPOSED TO 2019 AGM.Q2 BUSINESS OUTLOOK AT MID-POINT: NET REVENUES UP ABOUT 2.4% Q/Q AND GROSS MARGIN OF ABOUT 38.5%.Q1 OPERATING INCOME DECREASED 21.6% TO $211 MILLION, COMPARED TO $269 MILLION IN THE YEAR-AGO QUARTER..OUR OBJECTIVES IN 2019 ARE TO OUTPERFORM OUR SERVED MARKET AND TO DELIVER SUSTAINABLE PROFITABILITY.IN 2019, ST'S CAPEX IS EXPECTED TO BE APPROXIMATELY $1.1 TO $1.2 BILLION..NET FINANCIAL POSITION (NON-U.S. GAAP) WAS $510 MILLION AT MARCH 30, 2019 COMPARED TO $686 MILLION AT DECEMBER 31, 2018.  Full Article

STMicroelectronics To Propose Cash Dividend Of $0.24 Per Outstanding Share
Wednesday, 27 Mar 2019 

March 28 (Reuters) - STMICROELECTRONICS NV STM.MI::ANNOUNCED ON WEDNESDAY SUPERVISORY BOARD PROPOSES CASH DIVIDEND OF $0.24 PER OUTSTANDING SHARE OF CO'S COMMON STOCK.DIVIDEND TO BE DISTRIBUTED IN QUARTERLY INSTALLMENTS OF $0.06 IN EACH OF Q2, Q3 and Q4 2019 and Q1 2020.  Full Article

STMicroelectronics And Macom Accelerate Gan-On-Silicon Support For 5G Buildouts
Monday, 25 Feb 2019 

Feb 25 (Reuters) - STMICROELECTRONICS NV ::MACOM AND STMICROELECTRONICS ACCELERATE GAN-ON-SILICON SUPPORT FOR 5G WIRELESS NETWORK BUILDOUTS.  Full Article

STMicroelectronics To Acquire Majority Stake In Norstel
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - STMicroelectronics NV ::REG-STMICROELECTRONICS TO ACQUIRE MAJORITY STAKE IN SILICON CARBIDE WAFER MANUFACTURER NORSTEL AB.STMICROELECTRONICS - WILL ACQUIRE 55% OF NORSTEL'S SHARE CAPITAL.STMICROELECTRONICS - HAS OPTION TO ACQUIRE REMAINING 45% SUBJECT TO CERTAIN CONDITIONS, WHICH, IF EXERCISED, WILL RESULT IN TOTAL CONSIDERATION OF $137.5 MILLION.  Full Article

Stmicro CEO Chery Says Inventories Correction Should End In Q2
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - STMicroelectronics NV ::STMICRO CEO JEAN-MARC CHERY SEES SIGNIFICANT GROWTH IN 2019 FOR AUTOMOTIVE AND POWER DISCRETE CHIPS.STMICRO CEO CHERY SAYS INVENTORIES CORRECTION SHOULD END IN Q2.  Full Article

Stmicroelectronics Sees Return To Sequential Revenue Growth Q2, Shares Rise
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - STMicroelectronics NV ::STMICROELECTRONICS SEES RETURN TO SEQUENTIAL REVENUE GROWTH Q2, WITH AN ACCELERATION IN H2 - PRESENTATION.SHARES UP MORE THAN 5 PERCENT IN EARLY PARIS TRADING.  Full Article

STMicroelectronics NV News

European stocks sink after China retaliates with higher tariffs on some U.S. goods

LONDON All major European stock bourses turned negative and trade-sensitive stocks slid sharply on Friday after China announced plans to slap import tariffs on more U.S. goods, escalating the protracted spat between the world's top two economies.

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Earnings vs. Estimates

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