In the second quarter, ST reported net revenues of $3.23 billion with a solid gross margin of 40.1% and an operating margin of 11.6%, resulting in a net income of $353 million. This performance reflects the company’s resilience and effective cost management despite market fluctuations.
Looking at the first half of the year, ST achieved net revenues of $6.70 billion, with a slightly higher gross margin of 40.9% and an operating margin of 13.8%, leading to a net income of $865 million. These results underscore the company's strong sales strategies and operational efficiency in a competitive landscape.
For the upcoming third quarter, ST anticipates revenues of $3.25 billion, estimating a gross margin of 38%. This forecast indicates a commitment to maintaining stable revenue levels while navigating potential industry challenges. Overall, ST continues to showcase robust financial health and a positive outlook for growth.
STMicroelectronics NV, commonly known as ST/STMicro, is a leading multinational corporation in the technology sector, with roots in both France and Italy. Incorporated in the Netherlands, the company operates its headquarters in Plan-les-Ouates, Switzerland. STMicro is publicly listed on multiple stock exchanges, including the New York Stock Exchange, Euronext Paris (part of the CAC 40), and the Borsa Italiana in Milan (FTSE MIB).
Español
USD $
