1. ST reported Q2 net revenues of $3.23 billion with a gross margin of 40.1% and an operating margin of 11.6%. 2. The company's H1 net revenues were $6.70 billion, with a decrease of 21.9% year-over-year. 3. ST expects Q3 revenues of $3.25 billion and has revised its FY24 revenue forecast to a range of $13.2 billion to $13.7 billion.
Related Articles
- TSIA Chair Discusses US Challenges for Taiwan Chipmakers and Uncertainty of 50-50 Chip Production9 days ago
 - ST agrees to abandon plans for lay-offs at Agrateabout 2 months ago
 - Micron Responds to China Business Adjustment: Company to Halt Development of Future Mobile NAND Products Globally3 months ago
 - Fable: The Lousy Golfer3 months ago
 - amsOSRAM sells ENI unit to Ushio3 months ago
 - AWS Creates A Larger Market For Amazon3 months ago
 - Lloyd succeeds Balakrishnan as CEO of Power Integrations4 months ago
 - JPMorgan Chase: Political Considerations Dominate4 months ago
 - Infineon expects FY revenue decline6 months ago
 - AMD Provides Bullish Forecast Amid China Revenue Concerns6 months ago