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Revenue was $2.1 billion, down 8% year-on-year, while cash flow from operations was $296 million.
April 30, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the first quarter of 2019, ended March 31, 2019. Revenue was $2.1 billion, down 8% year-on-year. GAAP gross margin was 51.2%, and GAAP operating margin was 2.6%. Non-GAAP gross margin was 52.7%, and non-GAAP operating margin was 26.7%. Cash flow from operations was $296 million, with net capex investments of $144 million, resulting in non-GAAP free cash flow of $152 million. “NXP delivered revenue of $2.1 billion during the first quarter...
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