7月24日(周四),意法半导体绩后跌超10%,公司Q2收入27.7亿美元,同比下滑14.4%

消息方面:公司公布Q2总收入27.7亿美元,同比下滑14.4%,环比增长9.9%。细分业务中,汽车电子(同比-24%)、工业(-8%)、个人电子(-5%)和通信设备(-5%)均承压;环比则全面回升,工业(+15%)、汽车(+14%)领涨。
毛利率33.5% ,同比大幅下滑660个基点(主因产品组合恶化、生产效率降低及闲置产能费用),环比微升10个基点。
盈利能力显著收缩:非美国通用会计准则营业利润率同比从11.6%降至2.1%,净利润从3.53亿骤降至5700万美元。
业务动态:
订单趋势分化:工业板块订单出货比持续高于1,汽车板块低于均衡水平,但整体订单量环比提升。
区域与客户结构:62%收入源自亚太地区;分销渠道(同比-12%)与OEM客户(-15.3%)同步下滑。
现金流与资本:经营现金流3.54亿美元,但资本支出达4.65亿,导致自由现金流为-1.52亿;维持稳健资本结构,净财务头寸22.7亿美元,获标普BBB+(稳定)和穆迪Baa1(稳定)评级。
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