NXP Semiconductors Reports Second Quarter 2023 Results

Guidance for the Third Quarter 2023: ($ millions, except Per Share data) (1)

  Guidance Range
  GAAP  Reconciliation  non-GAAP
  Low  Mid  High    Low  Mid  High
Total Revenue $ 3,300  $ 3,400  $ 3,500    $ 3,300  $ 3,400  $ 3,500
Q-Q0% 3% 6%   0% 3% 6%
Y-Y-4% -1% 2%   -4% -1% 2%
Gross Profit $ 1,861  $ 1,936  $ 2,013 $(49)  $ 1,910  $ 1,985  $ 2,062
Gross Margin56.4% 56.9% 57.5%     57.9%   58.4%   58.9%
Operating Income (loss) $ 921   $ 986   $ 1,053   $(214)   $ 1,135   $ 1,200   $ 1,267
Operating Margin 27.9%   29.0%   30.1%       34.4%   35.3%   36.2%
Financial Income (expense) $(70)   $(70)   $(70)   $(3)   $(67)   $(67)   $(67)
Tax rate 16.5%-17.5%       16.0%-17.0%
NCI & Other $(5)   $(5)   $(5)   $(1)   $(4)   $(4)   $(4)
Shares - diluted 261.3   261.3   261.3       261.3   261.3   261.3
Earnings Per Share - diluted $ 2.68   $ 2.89   $ 3.10       $ 3.39   $ 3.60   $ 3.82
                           

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