STMicroelectronics’ Q2 net income up over six times y/y to USD151 million

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Financial results

Expects revenues to grow 16.6% y/y in the third quarter of 2017

STMicroelectronics has reported a more than sixfold year-on-year (y/y) jump in net income to USD151 million for the second quarter ended 1 July 2017, the company said in a press release today (26 July).

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