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For further information, please contact:
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| Investors: | Media: |
| Jeff Palmer | Jacey Zuniga |
| jeff.palmer@nxp.com | jacey.zuniga@nxp.com |
| +1 408 518 5411 | +1 512 895 7398 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | Full-year | |||||||||||||||||
| December 31, 2022 | October 2, 2022 | December 31, 2021 | 2022 | 2021 | |||||||||||||||
| Revenue | $ | 3,312 | $ | 3,445 | $ | 3,039 | $ | 13,205 | $ | 11,063 | |||||||||
| Cost of revenue | (1,421 | ) | (1,478 | ) | (1,332 | ) | (5,688 | ) | (4,996 | ) | |||||||||
| Gross profit | 1,891 | 1,967 | 1,707 | 7,517 | 6,067 | ||||||||||||||
| Research and development | (540 | ) | (548 | ) | (507 | ) | (2,148 | ) | (1,936 | ) | |||||||||
| Selling, general and administrative | (261 | ) | (289 | ) | (257 | ) | (1,066 | ) | (956 | ) | |||||||||
| Amortization of acquisition-related intangible assets | (109 | ) | (131 | ) | (136 | ) | (509 | ) | (592 | ) | |||||||||
| Total operating expenses | (910 | ) | (968 | ) | (900 | ) | (3,723 | ) | (3,484 | ) | |||||||||
| Other income (expense) | (1 | ) | 2 | — | 3 | — | |||||||||||||
| Operating income (loss) | 980 | 1,001 | 807 | 3,797 | 2,583 | ||||||||||||||
| Financial income (expense): | |||||||||||||||||||
| Extinguishment of debt | — | — | (22 | ) | (18 | ) | (22 | ) | |||||||||||
| Other financial income (expense) | (103 | ) | (98 | ) | (101 | ) | (416 | ) | (381 | ) | |||||||||
| Income (loss) before income taxes | 877 | 903 | 684 | 3,363 | 2,180 | ||||||||||||||
| Benefit (provision) for income taxes | (137 | ) | (149 | ) | (72 | ) | (529 | ) | (272 | ) | |||||||||
| Results relating to equity-accounted investees | (6 | ) | (4 | ) | (2 | ) | (1 | ) | (2 | ) | |||||||||
| Net income (loss) | 734 | 750 | 610 | 2,833 | 1,906 | ||||||||||||||
| Less: Net income (loss) attributable to non-controlling interests | 12 | 12 | 8 | 46 | 35 | ||||||||||||||
| Net income (loss) attributable to stockholders | 722 | 738 | 602 | 2,787 | 1,871 | ||||||||||||||
| Earnings per share data: | |||||||||||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||||||||||
| Basic | $ | 2.78 | $ | 2.81 | $ | 2.27 | $ | 10.64 | $ | 6.91 | |||||||||
| Diluted | $ | 2.76 | $ | 2.79 | $ | 2.24 | $ | 10.55 | $ | 6.79 | |||||||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||||||||||
| Basic | 259,618 | 262,180 | 265,642 | 261,879 | 270,687 | ||||||||||||||
| Diluted | 261,448 | 264,705 | 268,545 | 264,053 | 275,646 | ||||||||||||||
