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STMicro Posts Q2 Loss: $2. 77B Revenue as Chip Demand Softens | STM . . . Q2 revenue declined 14 4% year-over-year to $2 77B Operating loss of $133M compared to $375M profit in Q2 2024 Gross margin declined 660 basis points year-over-year to 33 5% All segments reported revenue declines, with P D segment down 22 2% Free cash flow turned negative at -$152M vs +$159M year-ago quarter
Techmeme: STMicro reports Q2 revenue down 14. 4% YoY to $2. 77B, with an . . . 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
STMicro cuts full-year outlook for second time, shares tumble Chipmaker STMicroelectronics (STM) cut its full-year revenue and margins guidance for a second time on weak industrial orders and lower demand for automotive chips, sending its shares sharply
STMicroelectronics (STM) Expects Sales Rebound in Q2 After . . . - GuruFocus European chipmaker STMicroelectronics (STM, Financial) announced that following a dip in first-quarter performance, it anticipates a gradual recovery in sales for the second quarter The first-quarter results aligned with the company's expectations and were considered the lowest point for the year