| For further information, please contact:
| |
| Investors: | Media: |
| Jeff Palmer | Paige Iven |
| jeff.palmer@nxp.com | paige.iven@nxp.com |
| +1 408 205 0687 | +1 817 975 0602 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
| June 30, 2024 | March 31, 2024 | July 2, 2023 | |||||||||
| Revenue | $ | 3,127 | $ | 3,126 | $ | 3,299 | |||||
| Cost of revenue | (1,335 | ) | (1,343 | ) | (1,418 | ) | |||||
| Gross profit | 1,792 | 1,783 | 1,881 | ||||||||
| Research and development | (594 | ) | (564 | ) | (589 | ) | |||||
| Selling, general and administrative | (270 | ) | (306 | ) | (274 | ) | |||||
| Amortization of acquisition-related intangible assets | (28 | ) | (51 | ) | (81 | ) | |||||
| Total operating expenses | (892 | ) | (921 | ) | (944 | ) | |||||
| Other income (expense) | (4 | ) | (6 | ) | — | ||||||
| Operating income (loss) | 896 | 856 | 937 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | — | — | ||||||||
| Other financial income (expense) | (75 | ) | (70 | ) | (74 | ) | |||||
| Income (loss) before income taxes | 821 | 786 | 863 | ||||||||
| Benefit (provision) for income taxes | (154 | ) | (141 | ) | (158 | ) | |||||
| Results relating to equity-accounted investees | (3 | ) | (1 | ) | (1 | ) | |||||
| Net income (loss) | 664 | 644 | 704 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 6 | 5 | 6 | ||||||||
| Net income (loss) attributable to stockholders | 658 | 639 | 698 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.58 | $ | 2.49 | $ | 2.69 | |||||
| Diluted | $ | 2.54 | $ | 2.47 | $ | 2.67 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 255,478 | 256,567 | 259,160 | ||||||||
| Diluted | 258,732 | 258,954 | 261,303 | ||||||||
