STMicroelectronics N.V. (STM) Posts Lower Q2 Profit

Go back to STMicroelectronics N.V. (STM) Posts Lower Q2 Profit

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

GENEVA, July 27, 2016 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported financial results for the second quarter and first half ended July 2, 2016.

Second quarter net revenues totaled $1.70 billion, gross margin was... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results

July 27, 2016 1:35 AM EDT

Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016

Geneva, July 27, 2016 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the... More

Scientific Metals Clarifies Historical Estimates Related to the Iron Creek Cobalt Property in the Idaho Cobalt Belt

July 26, 2016 2:30 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/26/16 -- Scientific Metals Corp. ("STM" or the "Company") (TSX VENTURE: STM) (FRANKFURT: 26X) (OTCQB: SCTFF) wishes to clarify certain information regarding the historical estimates disclosed in its press release earlier today relating to the Iron Creek Cobalt Property in Lemhi County, Idaho, USA (the "Property").

A substantial amount of historical exploratory work has been completed on the Property, including approximately 30,000 feet of diamond drilling, and the mining of 1,500 feet of underground workings. Exploration by several companies... More

Scientific Metals Signs Letter Agreement to Acquire the Iron Creek Cobalt Property in the Idaho Cobalt Belt

July 26, 2016 4:00 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/26/16 -- Scientific Metals Corp. ("STM" or the "Company") (TSX VENTURE: STM)(FRANKFURT: 26X)(OTCQB: SCTFF) is pleased to announce that it has entered into an arm's length letter agreement with a private company providing STM with exclusive rights to enter into a lease agreement with an option to acquire a 100% interest in the Iron Creek Cobalt Property in Lemhi County, Idaho, USA (the "Property"). The Property is located about 25 miles southwest from Salmon, Idaho and encompasses 137... More