STMicroelectronics Reports 2017 First Quarter Financial Results
(WorldNews Switzerland)

[Type text] Press release PR No. C2817C STMicroelectronics Reports 2017 First Quarter Financial Results Net revenues of $1.82 billion, up 12.9% year-over-year on growth across all product groups Gross margin of 37.6%, up 420 basis points year-over-year Net income of $108 million, year-over-year improvement of $149 million Cash dividend of $0.24 per common share payable in equal quarterly installments to be proposed to the 2017 Annual General Meeting of Shareholders Geneva, April 27, 2017 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the first quarter ended April 1, 2017. First...