Wednesday 27 April 2016

ST makes $41m loss pays $88m dividend

ST had Q1 revenues of $1.6 billion for net loss of $41 million, an operating loss of $31 million and a decline in its net financial position (cash minus debt) down to $439 million from $494 million in Q4. Cash dividends worth $88 million were paid out to shareholders. “While revenues declined sequentially by 3.3% ...

ST makes $41m loss pays $88m dividend



from ElectronicsWeekly http://www.electronicsweekly.com/news/business/st-makes-41m-loss-pays-88m-dividend-2016-04/

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