earnings
confidence high
sentiment neutral
materiality 0.65
NXP Q2 2024 revenue $3.13B, down 5% YoY; GAAP EPS $2.54, non-GAAP $3.20
NXP Semiconductors N.V.
2024-Q2 EPS reported
$5.01
revenue$6,253,000,000
- Revenue $3.127B, down 5% YoY; GAAP diluted EPS $2.54, non-GAAP diluted EPS $3.20.
- GAAP gross margin 57.3%, operating margin 28.7%; non-GAAP gross margin 58.6%, operating margin 34.3%.
- Cash from operations $761M, free cash flow $577M; Q2 capital return $570M ($260M dividends + $310M buybacks).
- CEO states cyclical trough navigated; expects sequential growth in Q3, though no specific guidance provided.