Wednesday, April 24, 2019

ST finds Q1 market soft

ST had Q1  revenues of $2.08 billion, down 6.7% y-o-y; gross proffit of $818 million down 7.9% y-o-y; gross margin of 39.4% down 50 basis points y-o-y; operating margin of 10.2% and net income of $178 million Operating income decreased 21.6% to $211 million, compared to $269 million in the year-ago quarter. The operating margin ...

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