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First-quarter revenue was $2 billion, down 3% year-on-year.
April 30, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the first quarter 2020, ended March 29, 2020. First-quarter revenue was $2 billion, down 3% year-on-year. First-quarter GAAP gross margin was 49.3%, and GAAP operating margin was 3.4%. First-quarter cash flow from operations was $0.51 billion, with net capex investments of $143 million, resulting in non-GAAP free cash flow of $0.37 billion. “Consistent with our preannouncement on April 7, 2020, NXP delivered first quarter revenue of $2.02 ...
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