STMicroelectronics Reports 2019 Second Quarter Financial Results


Second Quarter 2019 Summary Review

Net Revenues By Product Group (US$ m) Q2 2019 Q1 2019 Q2 2018 Q/Q Y/Y
Automotive and Discrete Group (ADG) $885 $903 $870 (2.1)% 1.7%
Analog, MEMS and Sensors Group (AMS) $694 $552 $613 25.7% 13.2%
Microcontrollers and Digital ICs Group (MDG) $591 $617 $782 (4.2)% (24.4)%
Others $3 $4 $4 - -
Total Net Revenues $2,173 $2,076 $2,269 4.7% (4.2)%

Net revenues totaled $2.17 billion. On a sequential basis revenues increased 4.7%, 230 basis points better than the mid-point of the Company’s guidance. On a year-over-year basis, second quarter net revenues decreased 4.2% as the Company recorded lower sales in Analog, Microcontrollers and Digital ICs, partially offset by growth in Automotive and Power Discrete, MEMS and Sensors. On a year-over-year basis, sales to OEMs increased 10.3%, while Distribution decreased 27.0% due to the ongoing inventory correction.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalAECCafe Today
by Sanjay Gangal
AEC Industry Predictions for 2025 — vGIS
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AEC Industry Predictions for 2025 — QeCAD
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise