earnings
confidence high
sentiment neutral
materiality 0.75
NXP Q3 revenue $3.43B flat YoY, beats guidance midpoint; non-GAAP EPS $3.70, cash flow $988M
NXP Semiconductors N.V.
2023-Q3 EPS reported
$8.03
revenue$9,854,000,000
- Revenue $3.43B down 0.3% YoY, $34M above midpoint of guidance.
- GAAP EPS $3.01; non-GAAP EPS $3.70; GAAP gross margin 57.2%, non-GAAP 58.5%.
- Automotive +5% YoY ($1.891B), Industrial & IoT -15% ($607M), Mobile -8% ($377M), Comm Infra +8% ($559M).
- Returned $568M to shareholders in Q3 ($262M dividends, $306M buybacks); additional $124M buybacks through Nov 3.
- Full-year 2023 revenue expected flat vs 2022 amid cyclical market downturn.