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STMicro reports Q2 revenue down 14.4% YoY to $2.77B, with an operating loss of $133M, vs. $56.2M profit est., including $190M in impairment and other


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2025-07-24 06:34:33
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Cybersecurity Business

Nathan Vifflin / Reuters:

STMicro reports Q2 revenue down 14.4% YoY to $2.77B, with an operating loss of $133M, vs. $56.2M profit est., including $190M in impairment and other costs  —  STMicroelectronics (STMPA.PA) reported a second-quarter loss on Thursday, a performance that was worse than market expectations and hit by restructuring costs.




Nathan Vifflin / Reuters:

STMicro reports Q2 revenue down 14.4% YoY to $2.77B, with an operating loss of $133M, vs. $56.2M profit est., including $190M in impairment and other costs  —  STMicroelectronics (STMPA.PA) reported a second-quarter loss on Thursday, a performance that was worse than market expectations and hit by restructuring costs.



Source: TechMeme
Source Link: http://www.techmeme.com/250724/p6#a250724p6


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