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Revenue was $2.9 billion, up 26.2% year-on-year, with cash flow from operations of $924 million.
November 2, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the third quarter 2021, ended Oct. 3, 2021. Revenue was $2.9 billion, up 26.2% year-on-year. GAAP gross margin was 55.3%, and GAAP operating margin was 24.9%. Cash flow from operations was $924 million, with net capex investments of $200 million, resulting in non-GAAP free cash flow of $724 million. “NXP delivered third-quarter revenue of $2.9 billion, an increase of 26% versus the year-ago period, and better than the mid-point of ou...
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