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Reported revenue of $2.202 billion, GAAP gross margin of 49.2%.
August 4, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the second quarter ended July 2, 2017. The company reported revenue of $2.202 billion, GAAP gross margin of 49.2% and GAAP operating margin of 2.3%. “NXP delivered good seasonal results for the second quarter of 2017, with revenue of $2.20 billion, a decline of 7% year on year, and flat versus the prior quarter, with both the annual and quarterly period comparisons impacted by the successful divestment of our Standard Products business i...
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