| For further information, please contact: | |
|
Investors:
Jeff Palmer jeff.palmer@nxp.com +1 408 518 5411 |
Media:
Jacey Zuniga jacey.zuniga@nxp.com +1 512 895 7398 |
NXP-CORP
|
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited) | |||||||||||
| ($ in millions except share data) | Three months ended | ||||||||||
|
September 27,
2020 | June 28, 2020 |
September 29,
2019 | |||||||||
| Revenue | $ | 2,267 | $ | 1,817 | $ | 2,265 | |||||
| Cost of revenue | (1,177 | ) | (957 | ) | (1,079 | ) | |||||
| Gross profit | 1,090 | 860 | 1,186 | ||||||||
| Research and development | (438 | ) | (402 | ) | (396 | ) | |||||
| Selling, general and administrative | (203 | ) | (222 | ) | (221 | ) | |||||
| Amortization of acquisition-related intangible assets | (418 | ) | (380 | ) | (358 | ) | |||||
| Total operating expenses | (1,059 | ) | (1,004 | ) | (975 | ) | |||||
| Other income (expense) | 1 | (1 | ) | 22 | |||||||
| Operating income (loss) | 32 | (145 | ) | 233 | |||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | — | (1 | ) | |||||||
| Other financial income (expense) | (106 | ) | (96 | ) | (84 | ) | |||||
| Income (loss) before income taxes | (74 | ) | (241 | ) | 148 | ||||||
| Benefit (provision) for income taxes | 57 | 33 | (28 | ) | |||||||
| Results relating to equity-accounted investees | (1 | ) | (1 | ) | (1 | ) | |||||
| Net income (loss) | (18 | ) | (209 | ) | 119 | ||||||
| Less: Net income (loss) attributable to non-controlling interests | 4 | 5 | 10 | ||||||||
| Net income (loss) attributable to stockholders | (22 | ) | (214 | ) | 109 | ||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | (0.08 | ) | $ | (0.77 | ) | $ | 0.39 | |||
| Diluted | $ | (0.08 | ) | $ | (0.77 | ) | $ | 0.38 | |||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 279,467 | 279,142 | 279,074 | ||||||||
| Diluted | 279,467 | 279,142 | 283,518 | ||||||||
