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| Investors: | Media: |
| Jeff Palmer | Jacey Zuniga |
| Email Contact | Email Contact |
| +1 408 518 5411 | +1 512 895 7398 |
| NXP Semiconductors | |||||||||||||
| Table 1: Condensed consolidated statement of operations (unaudited) | |||||||||||||
| ($ in millions except share data) | Three Months Ended | ||||||||||||
| June 30, 2019 | March 31, 2019 | July 1, 2018 | |||||||||||
| Revenue | $ | 2,217 | $ | 2,094 | $ | 2,290 | |||||||
| Cost of revenue | (1,066 | ) | (1,022 | ) | (1,110 | ) | |||||||
| Gross profit | 1,151 | 1,072 | 1,180 | ||||||||||
| Research and development | (408 | ) | (415 | ) | (438 | ) | |||||||
| Selling, general and administrative | (230 | ) | (248 | ) | (242 | ) | |||||||
| Amortization of acquisition-related intangible assets | (355 | ) | (357 | ) | (363 | ) | |||||||
| Total operating expenses | (993 | ) | (1,020 | ) | (1,043 | ) | |||||||
| Other income (expense) | (1 | ) | 2 | - | |||||||||
| Operating income (loss) | 157 | 54 | 137 | ||||||||||
| Financial income (expense): | |||||||||||||
| Extinguishment of debt | (10 | ) | - | (26 | ) | ||||||||
| Other financial income (expense) | (79 | ) | (83 | ) | (45 | ) | |||||||
| Income (loss) before taxes | 68 | (29 | ) | 66 | |||||||||
| Benefit (provision) for income taxes | (21 | ) | 9 | (4 | ) | ||||||||
| Results relating to equity-accounted investees | (1 | ) | 4 | 4 | |||||||||
| Net income (loss) | 46 | (16 | ) | 66 | |||||||||
| Less: Net income (loss) attributable to non-controlling interests | 5 | 5 | 12 | ||||||||||
| Net income (loss) attributable to stockholders | 41 | (21 | ) | 54 | |||||||||
| Earnings per share data: | |||||||||||||
| Net income (loss) per common share attributable to stockholders in $: | |||||||||||||
| Basic | $ | 0.15 | $ | (0.07 | ) | $ | 0.16 | ||||||
| Diluted | $ | 0.14 | $ | (0.07 | ) | $ | 0.16 | ||||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||||
| Basic | 281,241 | 287,227 | 344,120 | ||||||||||
| Diluted | 285,088 | 287,227 | 347,027 | ||||||||||
