For further information, please contact:
|
Investors:
Jeff Palmer jeff.palmer@nxp.com +1 408 518 5411 |
Media:
Jacey Zuniga jacey.zuniga@nxp.com +1 512 895 7398 | |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
| April 2, 2023 | December 31, 2022 | April 3, 2022 | |||||||||
| Revenue | $ | 3,121 | $ | 3,312 | $ | 3,136 | |||||
| Cost of revenue | (1,351 | ) | (1,421 | ) | (1,359 | ) | |||||
| Gross profit | 1,770 | 1,891 | 1,777 | ||||||||
| Research and development | (577 | ) | (540 | ) | (518 | ) | |||||
| Selling, general and administrative | (280 | ) | (261 | ) | (251 | ) | |||||
| Amortization of acquisition-related intangible assets | (85 | ) | (109 | ) | (135 | ) | |||||
| Total operating expenses | (942 | ) | (910 | ) | (904 | ) | |||||
| Other income (expense) | (3 | ) | (1 | ) | — | ||||||
| Operating income (loss) | 825 | 980 | 873 | ||||||||
| Financial income (expense): | |||||||||||
| Other financial income (expense) | (82 | ) | (103 | ) | (105 | ) | |||||
| Income (loss) before income taxes | 743 | 877 | 768 | ||||||||
| Benefit (provision) for income taxes | (118 | ) | (137 | ) | (114 | ) | |||||
| Results relating to equity-accounted investees | (2 | ) | (6 | ) | 12 | ||||||
| Net income (loss) | 623 | 734 | 666 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 8 | 12 | 9 | ||||||||
| Net income (loss) attributable to stockholders | 615 | 722 | 657 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.37 | $ | 2.78 | $ | 2.50 | |||||
| Diluted | $ | 2.35 | $ | 2.76 | $ | 2.48 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 259,576 | 259,618 | 263,089 | ||||||||
| Diluted | 261,210 | 261,448 | 265,109 | ||||||||
