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STMicroelectronics: 4Q Earnings Snapshot

GENEVA (AP) _ STMicroelectronics NV (STM) on Thursday reported fourth-quarter earnings of $418 million.

On a per-share basis, the Geneva-based company said it had net income of 46 cents.

The chip company posted revenue of $2.65 billion in the period.

For the year, the company reported profit of $1.29 billion, or $1.41 per share. Revenue was reported as $9.66 billion.

STMicroelectronics shares have increased almost 2 percent since the beginning of the year. The stock has declined 43 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STM at https://www.zacks.com/ap/STM