STMicroelectronics NV (ADR) (STM) Releases Earnings Results, Reports EPS of $0.03 EPS

STMicroelectronics NV (ADR) (STM) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $0.03 EPS for the quarter. Analysts had a consensus estimate of $0.03. The company posted revenue of $1703.00 million in the period, compared to analysts expectations of $1712.97 million. The company’s revenue was down -3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 EPS.

STMicroelectronics NV (ADR) (STM) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $7.145 and reached the intraday high at $7.21. The bulls started the profit booking and pushed the shares to intraday low of $7.145. The trading session was marked by a volume range of 36,77,068 shares exchanging hands. The 52-week high of the shares is $7.865 and the 52-week low is $5.11. The market cap of the company stands at $6,335 M and there are 87,85,93,740 shares in public circulation.

STMicroelectronics N.V. is a semiconductor company. The Company designs develops manufactures and markets a range of semiconductor products used in applications such as Internet of Things (IoT) and serving many different end markets. The Company operates through two business segments: Sense & Power and Automotive Products (SP&A) and Embedded Processing Solutions (EPS). The SP&A segment consists of product lines such as Automotive (APG) Industrial and Power Discrete (IPD) Analog and MEMS (AMS) and other SP&A. The EPS segment consists of product lines such as Digital Convergence Group (DCG) and Imaging BI-CMOS ASIC and Silicon Photonics (IBP) (DCG and IBP are combined as DPG); Microcontrollers Memory & Secure MCU (MMS) and Other EPS. The Company operates in Semiconductors and Subsystems business areas.

STMicroelectronics NV (ADR)

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