STMicroelectronics Reports 2017 Second Quarter and First Half Financial Results


Geneva / 26 Jul 2017

  • Second quarter net revenues of $1.92 billion; up 5.6% sequentially and 12.9% year-over-year
  • Second quarter gross margin of 38.3%; up 70 basis points sequentially driving operating margin before impairment and restructuring(1) to 9.6%
  • First half net revenues of $3.74 billion, net income of $258 million, free cash flow(1) of $113 million
  • Capital structure in July 2017 strengthened with $1.5 billion convertible bond financing
The press release is available as a PDF here .

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