26 Jul 2017 | Geneva

English | French | Italian

| |

STMicroelectronics Reports 2017 Second Quarter and First Half Financial Results

• 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.