STMicroelectronics N.V. (STM) Tops Q2 EPS by 1c

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Go back to STMicroelectronics N.V. (STM) Tops Q2 EPS by 1c

STMicroelectronics Reports Q2 2018 Financial Results

July 25, 2018 1:01 AM EDT

PR No: C2855C

 

STMicroelectronics Reports Q2 2018 Financial Results

Q2 net revenues $2.27 billion (up 18.0% Y/Y), operating margin 12.7%, net income $261 million Q2 Y/Y revenue performance balanced across product groups, regions and end markets Q3 business outlook at mid-point: net revenues up about 10.0% Q/Q, gross margin about 40.0%

Geneva, July 25, 2018 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second... More