Flexible Electronics News

NXP Semiconductors Reports 2Q 2024 Results

Revenue was $3.13 billion, down 5% percent year-on-year, with non-GAAP free cash flow of $577 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the second quarter, which ended June 30, 2024. “NXP delivered quarterly revenue of $3.13 billion, consistent with our guidance, with all our focus end-markets performing in-line with our expectations. With our second quarter results and guidance for the third quarter NXP has successfully navigated the cyclical trough in our businesses and we expect to resume sequential growth. We continue to manage what is in our control enabling NXP to ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters