STMicroelectronics 1H Revenue Down 9%

STMicroelectronics Reports 2014 Second Quarter and First Half Financial Results Second quarter net revenues and gross margin improved sequentially to $1.86 billion and 34%, respectively Second quarter net result returned to profit Nano2017 R&D program approved by the European Union Capital structure strengthened with $1 billion senior unsecured convertible bond financing in July 2014 Geneva…

Broadcom Q2 Revenue Slips

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today reported unaudited financial results for its second quarter ended June 30, 2014. “Broadcom performed well in the June quarter,” said Scott McGregor, Broadcom’s President and Chief Executive Officer. “We recently made the difficult, but prudent decision to wind…

TI Q2 Up 8%

Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported second-quarter revenue of $3.29 billion, net income of $683 million and earnings per share of 62 cents. Regarding the company’s performance and returns to shareholders, Rich Templeton, TI’s chairman, president and CEO, made the following comments: “Revenue for the quarter came in just above the middle of…

Cypress Reports Q2

Cypress Semiconductor Corp. (NASDAQ: CY) today announced its second-quarter 2014 results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included: Revenue met guidance Net income beat guidance and more than doubled sequentially Consumer electronics revenue slowed, but the industrial and automotive sector remained strong at 43% of…