earnings
confidence high
sentiment neutral
materiality 0.60
NXP Q1 revenue $3.126B flat YoY; non-GAAP EPS $3.24
NXP Semiconductors N.V.
2024-Q1 EPS reported
$2.47
revenue$3,126,000,000
- Revenue $3,126M (+0.2% YoY); GAAP gross margin 57.0%, GAAP operating margin 27.4%.
- Non-GAAP gross margin 58.2%, non-GAAP operating margin 34.5%, non-GAAP diluted EPS $3.24.
- Automotive $1,804M (-1% YoY); Industrial & IoT $574M (+14%); Mobile $349M (+34%); Comm Infra $399M (-25%).
- Cash from ops $851M; non-GAAP FCF $627M; returned $564M to shareholders (90% of FCF) via dividends and buybacks.
- Retired $1B 4.875% notes due 2024; subsequent $97M share repurchases through April 26.