STMicroelectronics: 2Q Earnings Snapshot
GENEVA (AP) _ STMicroelectronics NV (STM) on Thursday reported earnings of $160 million in its second quarter.
On a per-share basis, the Geneva-based company said it had net income of 18 cents.
The chip company posted revenue of $2.17 billion in the period.
STMicroelectronics shares have risen 40% since the beginning of the year. The stock has fallen 18% in the last 12 months.