Business ST postpones date for return to profitability
2013/10/23
The company postponed its forecast of a return to profit by six months to mid-2015.
Q4 revenues are forecast at $2.08 million.
Q3 margin was 32.4%.
ST is trying to regain profitability by focussing down on its most profitable sectors.
Image: Google Finance – STMicroelectronics
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