http://biz.yahoo.com/prnews/030723/nyw129_1.html

Utile netto 9 cent (di dollaro) per azione contro i 12 attesi.
Outlook grigiastro.
Era un po' nell'aria, ma domani mi sa che sarà comunque una brutta giornata.

"Neo" <Neo@The.Matrix> ha scritto nel messaggio
news:I4DTa.10727$Za4.294457@news2.tin.it...
> http://biz.yahoo.com/prnews/030723/nyw129_1.html
>
> Utile netto 9 cent (di dollaro) per azione contro i 12 attesi.
> Outlook grigiastro.

First Half 2003 Results

Net revenues for the first half were $3,320.6 million, an increase of
15.0% from the first half 2002. Gross profit was $1,173.6 million, or
35.3% of revenues. Operating income was $245.1 million, or 7.4% of
revenues. Net income was $158.5 million, or $0.18 per diluted share,
compared to net income of $137.6 million, or $0.15 per diluted share
in last year's first half.

Research and development expenditures were $580.8 million, compared to
$481.9 million in the 2002 first half. As a percentage of sales, R&D
expenses rose from 16.7% to 17.5%. Selling, general and administrative
expenses were $365.4 million, or 11.0% of net revenues, as compared to
$301.4 million or 10.4% of net revenues in the 2002 first half.

Reviewing first half results, Mr. Pistorio noted, "Based upon
currently available data, we believe that ST's first half revenue
performance, up 15% from the similar 2002 period, puts us above the
industry average and basically in line with the growth rate of the
markets we serve. The Company's profitability for the period has been
encumbered by three main factors: negative pricing trends due to the
industry's manufacturing overcapacity; the impact of the U.S.
dollar/Euro exchange rate; and our determination to continue to invest
in R&D and other strategic programs."