Thursday 24 January 2019

ST revenues up 15.8%; profit up 11.5%

ST had Q4 revenues of $2.65 billion, gross margin of 40.0%, operating margin of 16.8%, and net income of $418 million. ST CEO Jean-Marc Chery (pictured) commented: “ST delivered a solid performance in the fourth quarter, with net revenues and operating income increasing sequentially 5.0% and 11.5%, respectively. “Net revenues in 2018 increased by 15.8% year-over-year ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/st-revenues-15-8-profit-11-5-2019-01/

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