STMicroelectronics revenue of the first three quarters of $ 5.88 billion | up 15%

STMicroelectronics recently announced the end of September 30, 2017, the third quarter and the first nine months of corporate earnings data show that the third quarter of 2017, STMicroelectronics net income of $ 2.14 billion , An increase of 18.9%; gross margin of 39.5%; net profit of $ 236 million; earnings per share of $ 0.26.

In the third quarter, we have achieved a number of milestones, with quarterly revenues of more than $ 2.1 billion, an increase of nearly 19% year-on-year, gross margin of 39.5%, impairment, and Carlo Bozotti, chief executive and chief executive officer of STMicroelectronics. Reorganization of expenditure before the operating margin of 13.7%. All product sectors have achieved double-digit year-on-year growth in the Internet of Things, smart phones, industrial and intelligent driving and other key applications, all regions of the market demand for our products are strong. Technology products, talent and diversified customer base as the driving force, with a complete product portfolio of sustained revenue growth as the center, STMicroelectronics transformation of initial results to the sound financial situation and enhanced asset liquidity as the support, we are determined along This growth and innovation track continues.

At the end of the third quarter of 2017, STMicroelectronics achieved double-digit revenue growth in all regions: revenue in the Americas increased by 14.5%, Asia Pacific grew 10.8% and EMEA grew 10.0%. District revenue grew 24.9%, Asia Pacific 19.4%, Americas 6.4%.

In the third quarter, ST's net profit was $ 236 million, or $ 0.26 a share, and last quarter's net profit of $ 151 million, or $ 0.17 a share, and net profit for the third quarter increased $ 165 million, or $ 0.18 per share The dollar last year net profit of $ 71 million, earnings per share of $ 0.08.

In the first nine months of 2017, STMicroelectronics posted a net income of $ 5.88 billion, an increase of 15.0% from $ 5.11 billion in the first nine months of 2016 and an increase of 16.4% in the case of non-delisting (old mobile products and set-top box chips) %; Operating profit of $ 585 million, a substantial increase of $ 500 million over the same period last year; net profit of $ 494 million, earnings per share of 0.55 US dollars last year net profit of 53 million US dollars, earnings per share of 0.06 US dollars.

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