NXP Semiconductors reported Q4 2024 revenue of $3.11 billion, a 9% decrease year-over-year, and full-year 2024 revenue of $12.61 billion, a 5% decrease year-over-year. The company's Q4 non-GAAP EPS was $3.18. NXP delivered resilient results throughout 2024, reflecting solid execution, consistent gross margin, and healthy free cash flow generation despite a challenging market environment.
NXP Semiconductors reported Q3 2024 revenue of $3.25 billion, in line with guidance. Strength in Communication Infrastructure, Mobile, and Automotive was offset by weakness in Industrial & IoT. The company focuses on managing controllable factors to maintain profitability amidst broader macro weakness, especially in Europe and the Americas.
NXP Semiconductors reported Q2 2024 revenue of $3.13 billion, a 5% decrease year-over-year. The company's GAAP gross margin was 57.3%, with a GAAP operating margin of 28.7%, resulting in a GAAP diluted net income per share of $2.54. NXP anticipates resuming sequential growth and continues to manage profitability in a challenging demand environment.
NXP Semiconductors reported first quarter revenue of $3.13 billion, aligning with guidance expectations. The company highlighted its ability to navigate a challenging demand environment while maintaining solid profitability and earnings. NXP continues to manage costs and execute its capital return policy, returning $564 million to shareholders through dividends and share repurchases.
NXP Semiconductors reported a 3% year-over-year increase in revenue for Q4 2023, reaching $3.42 billion. The company's performance reflects strong execution and consistent gross margin, resulting in healthy free cash flow generation despite a challenging market environment. NXP delivered full-year 2023 revenue of $13.28 billion, an increase of 1 percent year-on-year.
NXP Semiconductors reported third quarter revenue of $3.43 billion, $34 million above the midpoint of guidance. The company's full year 2023 revenue is expected to be flat compared to 2022.
NXP Semiconductors reported Q2 2023 revenue of $3.3 billion, a slight decrease of 0.4% year-over-year. The company's performance in all focus end-markets exceeded expectations. NXP is successfully navigating the cyclical downturn in consumer-exposed businesses, with continued strength in automotive, core-industrial, and communications infrastructure.
NXP Semiconductors reported first quarter 2023 results with revenue of $3.12 billion. All focus end-markets performed better than anticipated, leading to revenue above the high end of guidance. The company is cautiously optimistic about navigating the cyclical downturn in consumer-exposed businesses, while seeing continued strength in automotive and core-industrial businesses.
NXP Semiconductors reported a strong fourth quarter with revenue of $3.31 billion, a 9% increase year-on-year. The company's automotive business performed well, while consumer IoT and mobile businesses experienced softening demand. NXP is managing distribution channel inventory levels well below long-term targets.
NXP Semiconductors reported a revenue of $3.45 billion, a 20.4 percent increase year-on-year. The company's performance was impacted by the weakening macro-environment in the consumer-exposed IoT business, while demand in the automotive and industrial markets remained resilient.
NXP Semiconductors reported Q2 2022 revenue of $3.31 billion, a 28% increase year-over-year, exceeding the midpoint of guidance. The company continues to see strong customer demand in the Auto and Industrial & IoT end-markets.
NXP delivered record quarterly revenue of $3.14 billion, an increase of 22 percent year-on-year. Demand continues to outstrip increased supply, and inventory across all end markets remains very lean.
NXP delivered a full-year record revenue of $11.06 billion, a 28% increase year-on-year. In Q4, revenue reached $3.04 billion, a 21% increase year-on-year, surpassing the midpoint of the guidance range. The company saw significant design win traction and anticipates continued growth in 2022.
NXP Semiconductors reported strong third-quarter results with revenue of $2.9 billion, a 26.2% increase year-over-year. The company saw growth across its end markets and continued to take actions to assure supply to customers.
NXP Semiconductors reported a strong second quarter with revenue of $2.6 billion, a 43% increase year-over-year. The company is positive about long-term demand trends and has taken actions to increase supply to drive robust growth for the remainder of 2021 and into 2022.
NXP Semiconductors reported strong first-quarter results with revenue of $2.6 billion, a 27% increase year-over-year. The company exceeded its guidance due to positive product mix and increased revenue, leading to excellent operating profit. NXP is optimistic about continued robust growth throughout 2021, driven by long-term demand trends in its end markets.
NXP Semiconductors reported a strong rebound in demand in the second half of 2020, with fourth-quarter revenue reaching $2.5 billion, a 9% increase year-on-year. The company experienced particularly strong trends in the Automotive and Mobile end-markets and maintained focused investments in critical R&D programs.