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NXP Semiconductors sales stable, margins up in Q4

Thursday 2 February 2017 | 10:47 CET | News
NXP Semiconductors reported revenues of USD 2.44 billion for the fourth quarter, up 52 percent year-on-year thanks to its takeover of Freescale and down just 1 percent from Q3, in line with its guidance. The gross margin improved to 48.1 percent from 42.8 percent a year ago, and the adjusted operating margin rose to 29.3 percent from 26.6. Reported operating profit was still down 83 percent to USD 173 million due to merger-related and restructuring costs.

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Categories: Mobile & Wireless
Companies: NXP Semiconductors
Countries: World
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