Flexible Electronics News

NXP Semiconductors Reports 2Q 2022 Results

Revenue was $3.31 billion, up 27.6% year-on-year, with cash flow from operations of $819 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the second quarter, ended July 3, 2022. Key Highlights for the Second Quarter 2022: • Revenue was $3.31 billion, up 27.6% year-on-year. • GAAP gross margin was 56.8%, and GAAP operating margin was 28.5%. • Non-GAAP gross margin was 57.8%, and non-GAAP operating margin was 36%. • Cash flow from operations was $819 million, with net capex investments of $268 million, resulting in non-GAAP free cash flow of $551 million. “NXP delivere...

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