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STMicroelectronics Swings to Net Income in H1; Net Revenue Up

MT Newswires·07/23/2026 01:34:58
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01:34 AM EDT, 07/23/2026 (MT Newswires) -- STMicroelectronics (STMPA.PA, STMMI.MI) said Thursday it swung to attributable net income for the first half, while net revenue rose year over year. Net income attributable to the parent company's stockholders for the six months ended June 27 was $259 million, compared with an attributable net loss of $41 million earlier. EPS came in at $0.28, compared with a loss of $0.05 per share. The semiconductor manufacturer's net revenue was $6.58 billion, compared with $5.28 billion a year ago. STMicroelectronics expects net revenue of $3.70 billion for its third quarter ending Sept. 26.