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.