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Cash flow from operations was $632 million, with net capex investments of $251 million, resulting in non-GAAP free cash flow of $381 million.
May 2, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the first quarter ended April 2, 2023. “NXP delivered quarterly revenue of $3.12 billion, with all our focus end-markets performing better than anticipated, which resulted in total company revenue above the high end of guidance. Solid first-quarter results, guidance for the second quarter, and our early views into the second half of the year underpin a cautious optimism that NXP is successfully navigating through the cyclical downturn in ...
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