secwatch.observer — SEC 8-K summary
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Issuer:     NXP Semiconductors N.V. (NXPI)
CIK:        0001413447
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001413447-23-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NXP Q1 revenue $3.12B, down 0.5% YoY; beats guidance high-end; non-GAAP EPS $3.19
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- Revenue $3.12B, down 0.5% YoY but above high-end of guidance; GAAP EPS $2.35, non-GAAP EPS $3.19.
- Automotive revenue $1.828B (+17% YoY); Industrial & IoT $504M (-26%); Mobile $260M (-35%); Comm Infra $529M (+7%).
- GAAP gross margin 56.7%, operating margin 26.4%; non-GAAP gross margin 58.2%, operating margin 34.8%.
- Cash from operations $632M; non-GAAP free cash flow $381M; dividends paid $219M in Q1.
- CEO cites cautious optimism navigating cyclical downturn with consumer-exposed weakness but auto and core-industrial strength.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1413447/000141344723000022/0001413447-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1413447/000141344723000022/nxpi-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001413447-23-000022

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