Home | Sitemap | Contact Us
Trusted Name In Electronics Components
Home > News >
Products
Hot Offer
Contact us

Tel: 86-755-83045964
Fax: 86-755-82513718
E-mail: sales@elecsound.com.cn
MSN: sales@elecsound.com.cn
MSN: elecsoundsales@hotmail.com Skype:elecsoundja

STMicroelectronics Has Net Loss Of $ 176 Million At Q1

According to latest news, STMicroelectronics announces the results of the first quarter of fiscal year in 2012, in the period the company has net loss of $ 176 million. At the first quarter ended on March 31, STMicroelectronics has net loss of $ 176 million, a loss of 20 cents per share. In the same period last year, STMicroelectronics had net profit of $ 170 million, earnings per share was 19 cents. STMicroelectronics has revenue of $ 2.02 billion in the first quarter, down 20%.At this quarter gross margin is 29.6%, the same period of last year it was 31%. In April, STMicroelectronics paid approximately $ 59 million compensation, which makes the sales cost of goods increased,besides,production is not overfull and many other factors, which affected the performance.At the first quarter,free cash flow of STMicroelectronics is $ 98 million, $ 47 million at last quarter.By the end of the first quarter, STMicroelectronics had cash and cash equivalents of $ 2.2 billion.

    
    © Copyright Information Goes Here. All Rights Reserved Email: sales@elecsound.com.cn Tel: 86-755-83045964