Categories Earnings, Technology

NXPI Earnings: Highlights of NXP Semiconductors’ Q2 2023 report

Technology company NXP Semiconductors N.V. (NASDAQ: NXPI) on Monday announced financial results for the second quarter of 2023.

  • NXP’s second-quarter revenue came in at $3.3 billion, which is down 0.4% from the prior-year period
  • Net Income per share, on a reported basis, was $2.67 during the three-month period, compared to $2.35 last year
  • On an adjusted basis, net income increased to $3.43 per share in Q2 from $3.19 per share in the prior-year period
  • Gross margin, on a reported basis, and adjusted gross margin were 58.4% and 35%, respectively
  • Cash flow from operations was $756 million, with net capex investments of $200 million, resulting in adjusted free cash flow of $556 million

Most Popular

Key highlights from Carnival Corporation’s (CCL) Q3 2023 earnings results

Carnival Corporation & plc (NYSE: CCL) reported third quarter 2023 earnings results today. Revenues were $6.9 billion compared to $4.3 billion in the same period last year. On a GAAP basis,

NKE Earnings: Here’s everything you need to know about Nike’s Q1 report

Nike, Inc. (NYSE: NKE) on Thursday reported results for the first three months of fiscal 2024, reporting a modest rise in revenues. The sneaker giant reported net income of $1.45

Key takeaways from Accenture’s (ACN) Q4 2023 earnings report

Shares of Accenture plc (NYSE: ACN) were down 4% on Thursday after the company delivered mixed results for the fourth quarter of 2023 and provided full-year guidance that came below

Add Comment
Viewing Highlight