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Second-quarter cash flow from operations was $414 million, with net capex investments of $74 million, resulting in non-GAAP free cash flow of $340 million.
August 3, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the second quarter 2020, ended June 28, 2020. Second-quarter revenue was $1.8 billion, down 18% year-on-year, while second-quarter GAAP gross margin was 47.3% and GAAP operating margin was (8)%. Second-quarter cash flow from operations was $414 million, with net capex investments of $74 million, resulting in non-GAAP free cash flow of $340 million. “NXP delivered second quarter revenue of $1.82 billion, an 18% decline from the ye...
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