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NXP Semiconductors Reports Third Quarter 2018 Results

Cash flow from operations was $2.62 billion, due to the receipt of the $2 billion termination fee from Qualcomm.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the third quarter 2018 ended Sept. 30, 2018.   “NXP delivered strong results for the third quarter of 2018, with revenue at $2.45 billion, an increase of 2% year-on-year, an increase of 7% versus the prior quarter and $20 million above the mid-point of our guidance. HPMS segment revenue was $2.35 billion, an increase of 3% year-on-year, and an increase of 7% from the prior quarter,” said Richard Clemmer, NXP CEO.   “Within Automotive, th...

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