STMicroelectronics N.V.
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Publicatie datum
23 jul 2014 - 07:00
Statutaire naam
STMicroelectronics N.V.
Titel
STMicroelectronics Reports 2014 Second Quarter and First Half Financial Results
Bericht
STMicroelectronics Reports 2014 Second Quarter and First Half Financial Results
• Second quarter net revenues and gross margin improved sequentially to $1.86 billion and 34%, respectively
• Second quarter net result returned to profit
• Nano2017 R&D program approved by the European Union
• Capital structure strengthened with $1 billion senior unsecured convertible bond financing in July 2014
Geneva, July 23, 2014 - 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 June 28, 2014.
Second quarter net revenues totaled $1.86 billion and gross margin was 34.0%. Net income was $38 million and included Nano2017 R&D program funding.
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