For further information, please contact:
| Investors: | Media: |
| Jeff Palmer | Jacey Zuniga |
| jeff.palmer@nxp.com | jacey.zuniga@nxp.com |
| +1 408 518 5411 | +1 512 895 7398 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
| April 4, 2021 | December 31, 2020 | March 29, 2020 | |||||||||
| Revenue | $ | 2,567 | $ | 2,507 | $ | 2,021 | |||||
| Cost of revenue | (1,212 | ) | (1,219 | ) | (1,024 | ) | |||||
| Gross profit | 1,355 | 1,288 | 997 | ||||||||
| Research and development | (461 | ) | (460 | ) | (425 | ) | |||||
| Selling, general and administrative | (222 | ) | (221 | ) | (233 | ) | |||||
| Amortization of acquisition-related intangible assets | (180 | ) | (148 | ) | (381 | ) | |||||
| Total operating expenses | (863 | ) | (829 | ) | (1,039 | ) | |||||
| Other income (expense) | — | 4 | 110 | ||||||||
| Operating income (loss) | 492 | 463 | 68 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | (60 | ) | — | |||||||
| Other financial income (expense) | (87 | ) | (77 | ) | (78 | ) | |||||
| Income (loss) before income taxes | 405 | 326 | (10 | ) | |||||||
| Benefit (provision) for income taxes | (40 | ) | (5 | ) | (2 | ) | |||||
| Results relating to equity-accounted investees | (1 | ) | (1 | ) | (1 | ) | |||||
| Net income (loss) | 364 | 320 | (13 | ) | |||||||
| Less: Net income (loss) attributable to non-controlling interests | 11 | 11 | 8 | ||||||||
| Net income (loss) attributable to stockholders | 353 | 309 | (21 | ) | |||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 1.27 | $ | 1.10 | $ | (0.08 | ) | ||||
| Diluted | $ | 1.25 | $ | 1.08 | $ | (0.08 | ) | ||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 277,526 | 280,484 | 279,933 | ||||||||
| Diluted | 283,263 | 285,258 | 279,933 | ||||||||
