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NXP Semiconductors Reports 4Q, Full-Year 2022 Results

Full-year revenue was $13.21 billion, up 19.4% year-on-year, while full-year cash flow from operations was $3,895 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the fourth quarter and full year ended Dec. 31, 2022. Key Highlights for the fourth quarter and full-year 2022: • Fourth quarter revenue was $3.31 billion, up 9.0% year-on-year. Full-year revenue was $13.21 billion, up 19.4% year-on-year. • Fourth quarter GAAP gross margin was 57.1%, and GAAP operating margin was 29.6%. Full-year GAAP gross margin was 56.9%, and GAAP operating margin was 28.8%. • Fourth quarter non-GAAP gross margin wa...

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