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General

STMicroelectronics Q3 revenues up in line with FY outlook

Wednesday 24 October 2018 | 10:13 CET | News
STMicroelectronics reported third-quarter revenues of USD 2.52 billion, up 11.2 percent from the previous quarter and 18.1 percent higher year-on-year. The quarterly growth was above the mid-point of its guidance, but is expected to slow in line with seasonal trends to around 5.7 percent in Q4. This is line with its full-year guidance issued in May for around 16 percent annual revenue growth. 

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Categories: General
Companies: STMicroelectronics
Countries: World
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