STMicroelectronics fourth-quarter operating profit of 213 million losses

 IDG (loudly) Beijing January 25, according to foreign media reports, STMicroelectronics, the company announced on Tuesday the fourth quarter and full year 2010 earnings. Showed a profit, STMicroelectronics fourth quarter net revenues of $ 2,833,000,000, an increase of 9.7%; operating profit of 2.13 billion, better than last year's operating loss of $ 6,000,000.

As of December 31 in the fourth quarter, net revenues STMicroelectronics 28.33 billion, up 9.7% over the same period. STMicroelectronics fourth-quarter gross margin was 39.9%, compared with 39.2% last quarter grew 70 basis points, far exceeding the 37.0% same period last year. STMicroelectronics fourth-quarter operating profit of 213 million, accounting for the fourth quarter, 7.5% of total net revenues; STMicroelectronics third-quarter operating profit of 1.93 billion U.S. dollars, accounting for 7.3% of total net revenues; Italy STMicroelectronics operating loss last year was 600 million U.S. dollars.

STMicroelectronics fourth-quarter net profit was 2.19 billion U.S. dollars, earnings per share of $ 0.24, higher than the previous quarter's 198 million, higher than the same period last year net loss of $ 70,000,000. STMicroelectronics fourth quarter results exceeded market expectations. Thomson Reuters survey, analysts had expected, STMicroelectronics for the fourth quarter of $ 0.24 per share, on revenue of 27.7 billion U.S. dollars.

throughout 2010, STMicroelectronics reached a record total net revenues of 10.346 billion U.S. dollars, 8.51 billion U.S. dollars over the previous year's growth of 21.6%. ST 2010 gross margin was 38.8%, 30.9% lower than the previous year. STMicroelectronics in 2010 net profit of 8.30 billion U.S. dollars, earnings per share of $ 0.92. ST 2009 net loss of 11.31 billion U.S. dollars, earnings per share of $ 1.29.

STMicroelectronics expects first-quarter revenue in 2001 will be the chain fell 7-12%; expected gross margin will be 39.0%, down one percentage point addition and subtraction.

STMicroelectronics shares on the NYSE regular trading on Tuesday, rose $ 0.21, or 1.80%, to close at $ 11.85. In after-hours trading, STMicroelectronics fell $ 0.15, down 1.27%, to close at $ 11.70. Over the past 52 weeks, STMicroelectronics lowest price was 6.51 U.S. dollars, the highest price of $ 12.26.