STMicroelectronics Reports 2016 Second Quarter and First Half Financial Results
Geneva / 27 Jul 2016
- Net revenues of $1.70 billion and gross margin of 33.9% in the second quarter
- Continued strength in automotive and microcontroller revenues; growing about 6% and 4% year-over-year, respectively
- Free cash flow(1) of $47 million in the second quarter; $78 million in the first half of 2016
The press release is available as a PDF here.