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 3, 2022 |
December 31,
2021 | April 4, 2021 | |||||||||
| Revenue | $ | 3,136 | $ | 3,039 | $ | 2,567 | |||||
| Cost of revenue | (1,359 | ) | (1,332 | ) | (1,212 | ) | |||||
| Gross profit | 1,777 | 1,707 | 1,355 | ||||||||
| Research and development | (518 | ) | (507 | ) | (461 | ) | |||||
| Selling, general and administrative | (251 | ) | (257 | ) | (222 | ) | |||||
| Amortization of acquisition-related intangible assets | (135 | ) | (136 | ) | (180 | ) | |||||
| Total operating expenses | (904 | ) | (900 | ) | (863 | ) | |||||
| Other income (expense) | — | — | — | ||||||||
| Operating income (loss) | 873 | 807 | 492 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | (22 | ) | — | |||||||
| Other financial income (expense) | (105 | ) | (101 | ) | (87 | ) | |||||
| Income (loss) before income taxes | 768 | 684 | 405 | ||||||||
| Benefit (provision) for income taxes | (114 | ) | (72 | ) | (40 | ) | |||||
| Results relating to equity-accounted investees | 12 | (2 | ) | (1 | ) | ||||||
| Net income (loss) | 666 | 610 | 364 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 9 | 8 | 11 | ||||||||
| Net income (loss) attributable to stockholders | 657 | 602 | 353 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.50 | $ | 2.27 | $ | 1.27 | |||||
| Diluted | $ | 2.48 | $ | 2.24 | $ | 1.25 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 263,089 | 265,642 | 277,526 | ||||||||
| Diluted | 265,109 | 268,545 | 283,263 | ||||||||
