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Notes 2015 net revenues of $6.90 billion, net income of $104 million and free cash flow of $327 million in 2015.
February 1, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
STMicroelectronics reported financial results for the fourth quarter and full year ended Dec. 31, 2015. Fourth quarter net revenues totaled $1.67 billion, gross margin was 33.5%, and net income was $2 million. For the full year 2015, net revenues totaled $6.90 billion, gross margin was 33.8%, and net income was $104 million. “Fourth quarter sales and gross margin were well aligned with our guidance within a weak market, enabling ST to deliver a solid cash flow performance in the quarter and f...
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