NXP Semiconductors Reports Third Quarter 2017 Results

 

           
   NXP Semiconductors        
   Table 4: Reconciliation of GAAP to non-GAAP Segment Results (unaudited)      
            
           
  ($ in millions)  Three Months Ended  
     Oct. 1, 2017  July 2, 2017  Oct. 2, 2016  
           
  High Performance Mixed Signal (HPMS)    2,288     2,098     2,099   
  Standard Products    -     -     320   
   Product Revenue     2,288       2,098       2,419    
  Corporate and Other    99     104     50   
   Total Revenue  $     2,387    $     2,202    $     2,469    
           
                  
           
   HPMS Revenue  $     2,288    $     2,098    $     2,099      
    Percent of Total Revenue     95.9 %     95.3 %     85.0 %    
    HPMS segment GAAP gross profit       1,203         1,066         1,059      
    PPA effects       (58 )       (74 )       (63 )    
    Stock based compensation       (7 )       (8 )       (10 )    
    Merger-related costs       (1 )       -         -      
    HPMS segment non-GAAP gross profit   $     1,269     $     1,148     $     1,132      
                     
    HPMS segment GAAP gross margin     52.6 %     50.8 %     50.5 %    
    HPMS segment non-GAAP gross margin     55.5 %     54.7 %     53.9 %    
                     
    HPMS segment GAAP operating profit       235         94         116      
    PPA effects       (425 )       (453 )       (428 )    
    Stock based compensation       (67 )       (67 )       (72 )    
    Merger-related costs       (3 )       (2 )       -      
    HPMS segment non-GAAP operating profit   $     730     $     616     $     616      
                     
    HPMS segment GAAP operating margin     10.3 %     4.5 %     5.5 %    
    HPMS segment non-GAAP operating margin     31.9 %     29.4 %     29.3 %    
                     
                     
    Standard Products Revenue   $     -     $     -     $     320      
    Percent of Total Revenue       -         -       13.0 %    
    Standard   Products segment GAAP gross profit       -         -         123      
    Other incidentals       -         -         14      
    Standard Products segment non-GAAP gross profit   $     -     $     -     $     109      
                     
    Standard Products segment GAAP gross margin       -         -       38.4 %    
    Standard Products segment non-GAAP gross margin       -         -       34.1 %    
                     
    Standard Products segment GAAP operating profit       -         -         85      
    Stock based compensation       -         -         (4 )    
    Other incidentals       -         -         11      
    Standard Products segment non-GAAP operating profit   $     -     $     -     $     78      
                     
    Standard Products segment GAAP operating margin       -         -       26.6 %    
    Standard Products segment non-GAAP operating margin       -         -       24.4 %    
                     
                     
    Corporate and Other Revenue   $     99     $     104     $     50      
    Percent of Total Revenue     4.1 %     4.7 %     2.0 %    
    Corporate and Other segment GAAP gross profit       12         17         2      
    PPA effects       (1 )       (2 )       (1 )    
    Restructuring       (1 )       (1 )       (3 )    
    Stock based compensation       -         1         -      
    Corporate and Other segment non-GAAP gross profit   $     14     $     19     $     6      
                     
    Corporate and Other segment GAAP gross margin     12.1 %     16.3 %     4.0 %    
    Corporate and Other segment non-GAAP gross margin     14.1 %     18.3 %     12.0 %    
                     
    Corporate and Other segment GAAP operating profit       (72 )       (44 )       (27 )    
    PPA effects       (1 )       (2 )       (4 )    
    Restructuring        (7 )       (2 )       (3 )    
    Stock based compensation       (1 )       -         (1 )    
    Merger-related costs       (39 )       (33 )       (14 )    
    Other incidentals       (29 )       (16 )       (2 )    
    Corporate and Other segment non-GAAP operating profit   $     5     $     9     $     (3 )    
                     
    Corporate and Other segment GAAP operating margin     -72.7 %     -42.3 %     -54.0 %    
    Corporate and Other segment non-GAAP operating margin        5.1 %     8.7 %     -6.0 %    
                     
                     

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »
Featured Video
Jobs
Design Verification Engineer for Blockwork IT at Milpitas, California
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise