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Full-year revenue was $13.28 billion, up 1% year-on-year, wth non-GAAP free cash flow of $2,687 million.
February 6, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the fourth quarter and full year, which ended Dec. 31, 2023. “NXP delivered full-year 2023 revenue of $13.28 billion, an increase of 1% year-on-year. In the fourth quarter, revenue was $3.42 billion, an increase of 3% year-on-year, above the mid-point of our guidance range. In review, NXP delivered solid results throughout 2023, reflecting strong execution, consistent gross margin, and healthy free cash flow generation despite a challengi...
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