ST Expresses Optimism on its Imaging Business Future

Image Sensors World        Go to the original article...

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

G√ľnther 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.

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