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Wireless

NXP underlying revenues improve, slipping only 3% in Q3

Thursday 27 October 2016 | 14:35 CET | News
NXP Semiconductors reported third quarter revenues at USD 2.469 billion, a jump of 62 percent from the year before and at the midpoint of its guidance. On a comparable basis, taking into account the Freescale merger and product line divestitures, revenues fell 3 percent. Group gross profit soared 60 percent to USD 1.18 billion while the operating profit reached USD 174 million, down over 50 percent from last year's 375 million but higher than the operating loss reported in the second quarter. Earnings per diluted shares reached USD 0.26 with the operating cash at USD 620 million and capex at

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