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General

NXP revenues lift 4% to USD 1.61 bln in Q4

Thursday 4 February 2016 | 11:13 CET | News
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NXP Semiconductors reported results for its fourth quarter, showing revenues up 4 percent year-on-year to USD 1.61 billion. Revenues went 12 percent higher to USD 1.31 billion at HPMS, and fell 18 percent to USD 271 million at Standard Product. Adjusted diluted earnings per share amounted to USD 1.25, reflecting better adjusted gross margin and solid expense control. Gross margin slid to 38.5 percent from 45.8 percent. The operating profit jumped to USD 1.01 billion from 310 milllion while the net profit rose to USD 972 million from 149 million. The adjusted net profit went up to USD 341

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Categories: General
Companies: NXP Semiconductors
Countries: World
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