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Revenue was $3.13 billion, up 0.2% year-on-year, while non-GAAP free cash flow was $627 million.
April 30, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the first quarter, which ended March 31, 2024. Revenue was $3.13 billion, up 0.2% year-on-year, while non-GAAP free cash flow was $627 million. GAAP gross margin was 57.0%, GAAP operating margin was 27.4% and GAAP diluted net income per share was $2.47. Non-GAAP gross margin was 58.2%, non-GAAP operating margin was 34.5%, and non-GAAP diluted net income per share was $3.24. “NXP delivered quarterly revenue of $3.13 billion, in-line ...
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