By getting more from technology to get more from life, ST stands for life.augmented.
In 2018, the Company's net revenues were $9.66 billion, serving more than 100,000 customers worldwide.
Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel: +41 22 929 58 12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
STMicroelectronics
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
| STMicroelectronics N.V. | ||
| CONSOLIDATED STATEMENTS OF INCOME | ||
| (in millions of U.S. dollars, except per share data ($)) | ||
| Three months ended | ||
| December 31, | December 31, | |
| 2018 | 2017 | |
| (Unaudited) | (Unaudited) | |
| Net sales | 2,633 | 2,457 |
| Other revenues | 15 | 9 |
| NET REVENUES | 2,648 | 2,466 |
| Cost of sales | (1,589) | (1,463) |
| GROSS PROFIT | 1,059 | 1,003 |
| Selling, general and administrative | (285) | (264) |
| Research and development | (345) | (326) |
| Other income and expenses, net | 16 | 18 |
| Impairment, restructuring charges and other related closure costs | (2) | (20) |
| Total operating expenses | (616) | (592) |
| OPERATING INCOME | 443 | 411 |
| Interest income (expense), net | 1 | (6) |
| Other components of pension benefit costs | (2) | (3) |
| Income (loss) on equity-method investments | 6 | - |
| Loss on financial instruments, net | (1) | (11) |
| INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTEREST | 447 | 391 |
| Income tax expense | (28) | (81) |
| NET INCOME | 419 | 310 |
| Net income attributable to noncontrolling interest | (1) | (2) |
| NET INCOME ATTRIBUTABLE TO PARENT COMPANY | 418 | 308 |
| EARNINGS PER SHARE (BASIC) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS | 0.46 | 0.35 |
| EARNINGS PER SHARE (DILUTED) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS | 0.46 | 0.34 |
| NUMBER OF WEIGHTED AVERAGE SHARES USED IN CALCULATING DILUTED EPS | 905.5 | 910.2 |
| STMicroelectronics N.V. | ||
| CONSOLIDATED STATEMENTS OF INCOME | ||
| (in millions of U.S. dollars, except per share data ($)) | ||
| Twelve months ended | ||
| December 31, | December 31, | |
| 2018 | 2017 | |
| (Unaudited) | (Audited) | |
| Net sales | 9,612 | 8,308 |
| Other revenues | 52 | 39 |
| NET REVENUES | 9,664 | 8,347 |
| Cost of sales | (5,803) | (5,075) |
| GROSS PROFIT | 3,861 | 3,272 |
| Selling, general and administrative | (1,095) | (981) |
| Research and development | (1,398) | (1,296) |
| Other income and expenses, net | 53 | 55 |
| Impairment, restructuring charges and other related closure costs | (21) | (45) |
| Total operating expenses | (2,461) | (2,267) |
| OPERATING INCOME | 1,400 | 1,005 |
| Interest expense, net | (7) | (22) |
| Other components of pension benefit costs | (11) | (12) |
| Income (loss) on equity-method investments | 8 | (2) |
| Loss on financial instruments, net | (1) | (16) |
| INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTEREST | 1,389 | 953 |
| Income tax expense | (96) | (143) |
| NET INCOME | 1,293 | 810 |
| Net income attributable to noncontrolling interest | (6) | (8) |
| NET INCOME ATTRIBUTABLE TO PARENT COMPANY | 1,287 | 802 |
| EARNINGS PER SHARE (BASIC) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS | 1.43 | 0.91 |
| EARNINGS PER SHARE (DILUTED) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS | 1.41 | 0.89 |
| NUMBER OF WEIGHTED AVERAGE SHARES USED IN CALCULATING DILUTED EPS | 911.0 | 906.1 |
