STMicroelectronics Reports 2021 Second Quarter Financial Results

About STMicroelectronics

At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
CĂ©line Berthier
Group VP, Investor Relations
Tel: +41 22 929 58 12
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com

STMicroelectronics N.V.      
CONSOLIDATED STATEMENTS OF INCOME      
(in millions of U.S. dollars, except per share data ($))      
       
  Three months ended  
  July 3, June 27,  
  2021 2020  
  (Unaudited) (Unaudited)  
       
Net sales 2,985 2,084  
Other revenues 7 3  
NET REVENUES 2,992 2,087  
Cost of sales (1,780) (1,357)  
GROSS PROFIT 1,212 730  
Selling, general and administrative (323) (259)  
Research and development (444) (373)  
Other income and expenses, net 42 12  
Impairment, restructuring charges and other related closure costs 2 (4)  
Total operating expenses (723) (624)  
OPERATING INCOME 489 106  
Interest expense, net (8) (4)  
Other components of pension benefit costs (3) (3)  
INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTEREST 478 99  
Income tax expense (65) (8)  
NET INCOME 413 91  
Net income attributable to noncontrolling interest (1) (1)  
NET INCOME ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS 412 90  
       
EARNINGS PER SHARE (BASIC) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS                      0.46                      0.10  
EARNINGS PER SHARE (DILUTED) ATTRIBUTABLE TO PARENT COMPANY STOCKHOLDERS                      0.44                      0.10  
       
NUMBER OF WEIGHTED AVERAGE SHARES USED IN CALCULATING DILUTED EPS 927.4 911.1  
       

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise