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2Q 2020 net revenues were $2.09 billion, with gross margin of 35% and net income of $90 million.
July 28, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
STMicroelectronics reported US GAAP financial results for the second quarter ended June 27, 2020. ST reported second quarter net revenues were $2.09 billion, with gross margin of 35%, operating margin of 5.1%, and net income of $90 million or $0.10 diluted earnings per share. “During the second quarter, we returned to normal operations, supporting our customers’ demand and continuing to ensure the health and safety of our employees,” Jean-Marc Chery, STMicroelectronics president and CEO, said. ...
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