Categories Earnings, LATEST, Technology

STMicroelectronics (STM): Q4 2019 Earnings Snapshot

—  STMicroelectronics (NYSE: STM) reported fourth-quarter earnings of 0.43 per share vs. $0.37 per share expected.

— Net revenue rose 4% to $2.75 billion,  vs. $2.68 billion expected, despite weakness in automotive sales.

— Q4 gross margin of 39.3%; operating margin of 16.7%.

— For Q1 2020, the company expects net revenues of about $2.36 billion, a decrease of 14.3% sequentially. Gross margin is projected to be 38%, plus or minus 200 basis points.

—  In 2020, the company plans to invest about $1.5 billion in CAPEX to support strategic initiatives and revenue growth.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top