For further information, please contact:
| Investors: | Media: |
| Jeff Palmer | Jacey Zuniga |
| jeff.palmer@nxp.com | jacey.zuniga@nxp.com |
| +1 408 518 5411 | +1 512 895 7398 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
|
March 29,
2020 |
December 31,
2019 |
March 31,
2019 | |||||||||
| Revenue | $ | 2,021 | $ | 2,301 | $ | 2,094 | |||||
| Cost of revenue | (1,024 | ) | (1,092 | ) | (1,022 | ) | |||||
| Gross profit | 997 | 1,209 | 1,072 | ||||||||
| Research and development | (425 | ) | (424 | ) | (415 | ) | |||||
| Selling, general and administrative | (233 | ) | (225 | ) | (248 | ) | |||||
| Amortization of acquisition-related intangible assets | (381 | ) | (365 | ) | (357 | ) | |||||
| Total operating expenses | (1,039 | ) | (1,014 | ) | (1,020 | ) | |||||
| Other income (expense) | 110 | 2 | 2 | ||||||||
| Operating income (loss) | 68 | 197 | 54 | ||||||||
| Financial income (expense): | |||||||||||
| Other financial income (expense) | (78 | ) | (93 | ) | (83 | ) | |||||
| Income (loss) before income taxes | (10 | ) | 104 | (29 | ) | ||||||
| Benefit (provision) for income taxes | (2 | ) | 20 | 9 | |||||||
| Results relating to equity-accounted investees | (1 | ) | (1 | ) | 4 | ||||||
| Net income (loss) | (13 | ) | 123 | (16 | ) | ||||||
| Less: Net income (loss) attributable to non-controlling interests | 8 | 9 | 5 | ||||||||
| Net income (loss) attributable to stockholders | (21 | ) | 114 | (21 | ) | ||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | (0.08 | ) | $ | 0.41 | $ | (0.07 | ) | |||
| Diluted | $ | (0.08 | ) | $ | 0.40 | $ | (0.07 | ) | |||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 279,933 | 280,766 | 287,227 | ||||||||
| Diluted | 279,933 | 285,518 | 287,227 | ||||||||
