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NXP reported fourth-quarter revenue was $2.5 billion, up 9% year-on-year.
February 4, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the fourth quarter and full year ended Dec. 31, 2020. NXP reported that fourth-quarter revenue was $2.5 billion, up 9% year-on-year. Fourth-quarter GAAP gross margin was 51.4%, while GAAP operating margin was 18.5%. Full-year cash flow from operations was $2,482 million, with net capex investments of $388 million, resulting in non-GAAP free cash flow of $2,094 million. “NXP delivered full-year revenue of $8.6 billion, with 2020 being best ...
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