NXP Semiconductors Reports First Quarter 2020 Results

Guidance for the Second Quarter 2020: ($ millions) (1)

  Guidance Range
  GAAP  Reconciliation  non-GAAP
  Low  Mid  High    Low  Mid  High
Total Revenue $ 1,700   $ 1,800   $ 1,900     $ 1,700   $ 1,800   $ 1,900 
Q-Q-16% -11% -6%   -16% -11% -6%
Y-Y-23% -19% -14%   -23% -19% -14%
Gross Profit $ 768   $ 833   $ 900   $ (31 )  $ 799   $ 864   $ 931 
Gross Margin45.2% 46.3% 47.4%       47.0 %   48.0 %   49.0 %
Operating Income (loss) $ (237 )   $ (177 )   $ (115 )   $ (519 )   $ 282     $ 342     $ 404  
Operating Margin -13.9 %   -9.8 %   -6.1 %       16.6 %   19.0 %   21.3 %
Financial Income (expense) $ (84 )   $ (84 )   $ (84 )   $ (2 )   $ (82 )   $ (82 )   $ (82 )

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