29 Oct 2014 | Geneva
English | French | Italian

STMicroelectronics Reports 2014 Third Quarter and Nine Month Financial Results

Geneva / 29 Oct 2014

  • Sequential improvement in net revenues and gross margin: to $1.89 billion and 34.3%, respectively 
  • $72 million net income in the third quarter
  • Positive free cash flow of $140 million in the third quarter*
  • Plan for the digital business to achieve $100 million of annualized savings

The press release is available as a PDF here.