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First quarter 2021 revenue was $2.6 billion, an increase of 27% from 1Q 2020.
April 28, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported first-quarter 2021 revenue increase of 27% year over year to $2.6 billion, with strong cash flow and gross margins. First-quarter GAAP gross margin was 52.8%, and GAAP operating margin was 19.2%, while first-quarter non-GAAP gross margin was 54.2%, and non-GAAP operating margin was 30.9%. First-quarter cash flow from operations was $732 million. “NXP delivered first quarter revenue of $2.6 billion, an increase of 27% versus the year-ago period, and better than...
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