Thursday, April 28, 2016

ST Expresses Optimism on its Imaging Business Future

SeekingAlpha's ST Q1 2016 Earnings Call transcript has few words on its imaging business, primarily in Q&A section:

Günther Hollfelder - Baader Bank AG:

First question is on imaging systems, so what sort of sales level do you expect for imaging systems in 2016, and what sort of related loss this year for this business?

Carlo Bozotti - ST President & CEO:

I think we expect, first of all, the sequential improvement in the top line on our business, on imaging. And also an year-over-year improvement broad comparing Q2 2016 to Q2 2015, as I said before. And moving on during the course of 2016, we see additional opportunity for both sequential and year-over-year growth. As far as profitability performance, we do not provide the performance, we do not provide the quantification at the division level, but we see some good opportunities, and we see the evolution of this business also in terms of financial performance with a degree of optimism.

1 comment:

  1. I don't know exactly what it means but looking at ST Q1 2016 PR, Net revenues of “Others” $41M (including revenues from sales of Imaging Product Division, Subsystems, assembly services, and other revenue) shows a decline and not an evolution.


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