STMicroelectronics (NYSE: STM) reported earnings on Oct. 23. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 29 (Q3), STMicroelectronics met expectations on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped to a loss.

Margins shrank across the board.

Revenue details
 STMicroelectronics notched revenue of $2.17 billion. The 11 analysts polled by S&P Capital IQ looked for revenue of $2.19 billion on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $2.44 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at -$0.03. The three earnings estimates compiled by S&P Capital IQ predicted $0.00 per share. GAAP EPS were -$0.54 for Q3 against $0.08 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 34.8%, 90 basis points worse than the prior-year quarter. Operating margin was -3.6%, 330 basis points worse than the prior-year quarter. Net margin was -22.1%, 2,500 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $2.27 billion. On the bottom line, the average EPS estimate is -$0.01.

Next year's average estimate for revenue is $8.69 billion. The average EPS estimate is -$0.15.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on STMicroelectronics is hold, with an average price target of $6.29.

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