STMicroelectronics N.V. (STM) Tops Q2 EPS by 7c

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Go back to STMicroelectronics N.V. (STM) Tops Q2 EPS by 7c

STMicroelectronics Reports 2021 Second Quarter Financial Results

July 29, 2021 1:00 AM EDT

STMicroelectronics Reports 2021 Second Quarter Financial Results

Q2 net revenues $2.99 billion; gross margin 40.5%; operating margin 16.3%; net income $412 millionH1 net revenues $6.01 billion; gross margin 39.7%; operating margin 15.5%; net income $776 million Business outlook at the mid-point: Q3 net revenues of $3.20 billion and gross margin of 41.0%

Geneva, July 29, 2021 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended July 3, 2021. This press... More