GENEVA (dpa-AFX) - STMicroelectronics NV (STM) revealed a profit for second quarter that fell from last year.
The company said its profit fell to $33 million, or $0.04 per share. This was down from $55 million, or $0.06 per share, in last year's second quarter.
The company said revenue for the quarter fell 3.4% to $1.70 billion. This was down from $1.76 billion last year.
STMicroelectronics NV earnings at a glance:
-Earnings (Q2): $33 Mln. vs. $55 Mln. last year. -Earnings Decline (Y-o-Y): -40.0% -EPS (Q2): $0.04 vs. $0.06 last year. -EPS Decline (Y-o-Y): -33.3% -Revenue (Q2): $1.70 Bln vs. $1.76 Bln last year. -Revenue Change (Y-o-Y): -3.4%
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