Renesas reports Q2 2022 revenue at USD3.84 billion, up 72.83% y/y

News
Financial results

Operating profit for the quarter was reported at JPY7110.2 billion

Renesas Electronics has reported a 72.83% year-on-year (y/y) rise in revenue to JPY376.6 billion (USD3.84 billion) for the second quarter of 2022, compared with JPY217.9 billion in the previous year for three months ended 30 June, a company press release read on 28 July 2022. Operating profit for the quarter was reported at JPY110.2 billion for financial year 2022 compared with JPY35.5 billion in the last financial year. Net income for the quarter was reported at JPY50.6 billion against JPY24 billion in the last year.

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