STMicroelectronics Reports Q4 and FY 2019 Financial Results

Annual Financial Summary (U.S. GAAP)

(US$ m, except earnings per share data) FY2019 FY2018 Y/Y
Net Revenues $9,556 $9,664 (1.1)%
Gross Profit $3,696 $3,861 (4.3)%
Gross Margin 38.7% 40.0% (130) bps
Operating Income $1,203 $1,400 (14.0)%
Operating Margin 12.6% 14.5% (190) bps
Net Income $1,032 $1,287 (19.8)%
Diluted Earnings Per Share $1.14 $1.41 (19.1)%

Fourth Quarter 2019 Summary Review

Net Revenues By Product Group (US$ m) Q4 2019 Q3 2019 Q4 2018 Q/Q Y/Y
Automotive and Discrete Group (ADG) 924 894 967 3.3% (4.5)%
Analog, MEMS and Sensors Group (AMS) 1,085 968 988 12.1% 9.9%
Microcontrollers and Digital ICs Group (MDG) 742 688 689 7.9% 7.6%
Others 3 3 4 - -
Total Net Revenues 2,754 2,553 2,648 7.9% 4.0%

Net revenues totaled $2.75 billion. On a sequential basis, revenues increased 7.9%, 290 basis points better than the mid-point of the Company’s guidance. On a year-over-year basis, fourth quarter net revenues increased 4.0% as the Company recorded higher sales in Analog, Microcontrollers, Imaging and MEMS partially offset by lower Automotive sales. On a year-over-year basis, sales to OEMs increased 8.9%, while Distribution decreased 6.9%.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
GIS Business Development Professional for Surveying And Mapping, LLC at , Any State in the USA
GIS Developer for City of Ithaca at ithaca, New York
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
Senior Highway Engineer for RS&H at Jacksonville, Florida
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Upcoming Events
Esri Infrastructure Management & GIS Conference at palm springs CA - Oct 25 - 28, 2021
URISA GIS Leadership Academy at Online Event IL - Nov 8 - 12, 2021
Geomatics Atlantic 2021 at Halifax World Trade and Convention Centre Halifax Nova Scotia Canada - Nov 8 - 9, 2021
GeoMundus 2021: 13th GeoMundus Conference at Lisbon Portugal - Nov 26 - 27, 2021



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise