| For further information, please contact: | |
| Investors: | Media: |
| Jeff Palmer | Paige Iven |
| jeff.palmer@nxp.com | paige.iven@nxp.com |
| +1 408 205 0687 | +1 817 975 0602 |
NXP-CORP
NXP Semiconductors
Table 1: Condensed consolidated statement of operations (unaudited)
| ($ in millions except share data) | Three months ended | ||||||||||
| September 29, 2024 | June 30, 2024 | October 1, 2023 | |||||||||
| Revenue | $ | 3,250 | $ | 3,127 | $ | 3,434 | |||||
| Cost of revenue | (1,384 | ) | (1,335 | ) | (1,469 | ) | |||||
| Gross profit | 1,866 | 1,792 | 1,965 | ||||||||
| Research and development | (577 | ) | (594 | ) | (601 | ) | |||||
| Selling, general and administrative | (265 | ) | (270 | ) | (294 | ) | |||||
| Amortization of acquisition-related intangible assets | (29 | ) | (28 | ) | (71 | ) | |||||
| Total operating expenses | (871 | ) | (892 | ) | (966 | ) | |||||
| Other income (expense) | (5 | ) | (4 | ) | (7 | ) | |||||
| Operating income (loss) | 990 | 896 | 992 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | — | — | ||||||||
| Other financial income (expense) | (82 | ) | (75 | ) | (75 | ) | |||||
| Income (loss) before income taxes | 908 | 821 | 917 | ||||||||
| Benefit (provision) for income taxes | (173 | ) | (154 | ) | (123 | ) | |||||
| Results relating to equity-accounted investees | (6 | ) | (3 | ) | (2 | ) | |||||
| Net income (loss) | 729 | 664 | 792 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 11 | 6 | 5 | ||||||||
| Net income (loss) attributable to stockholders | 718 | 658 | 787 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.82 | $ | 2.58 | $ | 3.06 | |||||
| Diluted | $ | 2.79 | $ | 2.54 | $ | 3.01 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 254,458 | 255,478 | 257,488 | ||||||||
| Diluted | 257,717 | 258,732 | 261,095 | ||||||||
