| 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 2, 2023 | April 2, 2023 | July 3, 2022 | |||||||||
| Revenue | $ | 3,299 | $ | 3,121 | $ | 3,312 | |||||
| Cost of revenue | (1,418 | ) | (1,351 | ) | (1,430 | ) | |||||
| Gross profit | 1,881 | 1,770 | 1,882 | ||||||||
| Research and development | (589 | ) | (577 | ) | (542 | ) | |||||
| Selling, general and administrative | (274 | ) | (280 | ) | (265 | ) | |||||
| Amortization of acquisition-related intangible assets | (81 | ) | (85 | ) | (134 | ) | |||||
| Total operating expenses | (944 | ) | (942 | ) | (941 | ) | |||||
| Other income (expense) | — | (3 | ) | 2 | |||||||
| Operating income (loss) | 937 | 825 | 943 | ||||||||
| Financial income (expense): | |||||||||||
| Extinguishment of debt | — | — | (18 | ) | |||||||
| Other financial income (expense) | (74 | ) | (82 | ) | (110 | ) | |||||
| Income (loss) before income taxes | 863 | 743 | 815 | ||||||||
| Benefit (provision) for income taxes | (158 | ) | (118 | ) | (129 | ) | |||||
| Results relating to equity-accounted investees | (1 | ) | (2 | ) | (3 | ) | |||||
| Net income (loss) | 704 | 623 | 683 | ||||||||
| Less: Net income (loss) attributable to non-controlling interests | 6 | 8 | 13 | ||||||||
| Net income (loss) attributable to stockholders | 698 | 615 | 670 | ||||||||
| Earnings per share data: | |||||||||||
| Net income (loss) per common share attributable to stockholders in $ | |||||||||||
| Basic | $ | 2.69 | $ | 2.37 | $ | 2.55 | |||||
| Diluted | $ | 2.67 | $ | 2.35 | $ | 2.53 | |||||
| Weighted average number of shares of common stock outstanding during the period (in thousands): | |||||||||||
| Basic | 259,160 | 259,576 | 262,579 | ||||||||
| Diluted | 261,303 | 261,210 | 264,692 | ||||||||
