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NXP Semiconductors Reports 3Q 2015 Results

Reported non-GAAP operating margin of nearly 30%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the third quarter ended Oct. 4, 2015, as well as provided limited guidance for the fourth quarter of 2015.   “Our profitability in the third quarter of 2015 was very strong, as NXP delivered total revenue of $1.52 billion and non-GAAP operating margin of nearly 30%. Revenue was approximately flat versus the same period in the prior year, and increased about 1% from the prior quarter, but below the lower end of our guidance. In spite of sli...

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