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 | ||||||||||
| July 3, 2022 | April 3, 2022 | July 4, 2021 | |||||||||
| Revenue | $ | 3,312 | $ | 3,136 | $ | 2,596 | |||||
| Cost of revenue | (1,430 | ) | (1,359 | ) | (1,174 | ) | |||||
| Gross profit | 1,882 | 1,777 | 1,422 | ||||||||
| Research and development | (542 | ) | (518 | ) | (476 | ) | |||||
| Selling, general and administrative | (265 | ) | (251 | ) | (234 | ) | |||||
| Amortization of acquisition-related intangible assets | (134 | ) | (135 | ) | (139 | ) | |||||
| Total operating expenses | (941 | ) | (904 | ) | (849 | ) | |||||
| Other income (expense) | 2 | — | — | ||||||||
| Operating income (loss) | 943 | 873 | 573 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | (18 | ) | — | — | |||||||
| Other financial income (expense) | (110 | ) | (105 | ) | (100 | ) | |||||
| Income (loss) before income taxes | 815 | 768 | 473 | ||||||||
| Benefit (provision) for income taxes | (129 | ) | (114 | ) | (65 | ) | |||||
| Results relating to equity-accounted investees | (3 | ) | 12 | (2 | ) | ||||||
| Net income (loss) | 683 | 666 | 406 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 13 | 9 | 9 | ||||||||
| Net income (loss) attributable to stockholders | 670 | 657 | 397 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.55 | $ | 2.50 | $ | 1.46 | |||||
| Diluted | $ | 2.53 | $ | 2.48 | $ | 1.42 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 262,579 | 263,089 | 272,686 | ||||||||
| Diluted | 264,692 | 265,109 | 278,735 | ||||||||
