Technology company NXP Semiconductors N.V. (NASDAQ: NXPI) on Monday announced financial results for the first quarter of 2023.
- First-quarter revenue was $3.12 billion, which is down 0.5% from the corresponding period of last year
- Gross margin, on a reported basis, remained unchanged year-over-year at 56.7% in the first quarter
- Non-GAAP gross margin was 58.2 percent
- Net income declined to $615 million or $2.35 per share from $657 million or $2.48 per share last year; adjusted earnings were $3.19 per share
- Cash flow from operations was $632 million, with net capex investments of $251 million, resulting in non-GAAP free cash flow of $381 million
- In Q1, the company paid cash dividends of $219 million
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Dropbox Q1 2025 adj. earnings rise 21%; revenue drops slightly
Dropbox, Inc. (NASDAQ: DBX) has reported an increase in adjusted earnings for the first quarter of 2025. Revenues decreased slightly during the three months. The tech firm, a leading cloud-based
Monster Beverage Corporation (MNST) Earnings: 1Q25 Key Numbers
Monster Beverage Corporation (NASDAQ: MNST) reported its earnings results for the first quarter of 2025. Reported net sales decreased 2.3% year-over-year to $1.85 billion. Net sales, excluding the Alcohol Brands
Infographic: How Expedia (EXPE) performed in Q1 2025
Expedia Group, Inc. (NASDAQ: EXPE) reported revenue of $2.9 billion for the first quarter of 2025, up 3% from the same period last year. Net loss attributable to Expedia Group,