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NXP Semiconductors Reports 2Q 2021 Results

Cash flow from operations was $636 million, with net capex investments of $150 million, resulting in non-GAAP free cash flow of $486 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the second quarter 2021, ended July 4, 2021. Revenue was $2.6 billion in 2Q 2021, up 42.9% year-on-year, while GAAP gross margin was 54.8%, and GAAP operating margin was 22.1%. Cash flow from operations was $636 million, with net capex investments of $150 million, resulting in non-GAAP free cash flow of $486 million. “NXP delivered second-quarter revenue of $2.6 billion, an increase of 43% versus the year-ago period, and better than...

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