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22 Oct 2020 | Geneva

STMicroelectronics Reports 2020 Third Quarter Financial Results

  • Q3 net revenues $2.67 billion; gross margin 36.0%; operating margin 12.3%; net income $242 million
  • YTD net revenues $6.98 billion; gross margin 36.3%; operating margin 9.5%; net income $525 million
  • Business outlook at mid-point: Q4 net revenues $2.99 billion and gross margin of 38.5%

The press release is available as a PDF here.