NXP Semiconductors Reports Second Quarter 2023 Results
Guidance for the Third Quarter 2023: ($ millions, except Per Share data) (1)
| |
Guidance Range |
| |
GAAP | |
Reconciliation | |
non-GAAP |
| |
Low | |
Mid | |
High | | | |
Low | |
Mid | |
High |
|
Total Revenue |
$
3,300 | |
$
3,400 | |
$
3,500 | | | |
$
3,300 | |
$
3,400 | |
$
3,500 |
| Q-Q | 0% | | 3% | | 6% | | | | 0% | | 3% | | 6% |
| Y-Y | -4% | | -1% | | 2% | | | | -4% | | -1% | | 2% |
|
Gross Profit |
$
1,861 | |
$
1,936 | |
$
2,013 | | $(49) | |
$
1,910 | |
$
1,985 | |
$
2,062 |
| Gross Margin | 56.4% | | 56.9% | | 57.5% | | | | 57.9% | | 58.4% | | 58.9% |
|
Operating Income (loss) |
$
921 | |
$
986 | |
$
1,053 | | $(214) | |
$
1,135 | |
$
1,200 | |
$
1,267 |
| Operating Margin | 27.9% | | 29.0% | | 30.1% | | | | 34.4% | | 35.3% | | 36.2% |
| Financial Income (expense) | $(70) | | $(70) | | $(70) | | $(3) | | $(67) | | $(67) | | $(67) |
| Tax rate | 16.5%-17.5% | | | | 16.0%-17.0% |
| NCI & Other | $(5) | | $(5) | | $(5) | | $(1) | | $(4) | | $(4) | | $(4) |
| Shares - diluted | 261.3 | | 261.3 | | 261.3 | | | | 261.3 | | 261.3 | | 261.3 |
|
Earnings Per Share - diluted |
$
2.68 | |
$
2.89 | |
$
3.10 | | | |
$
3.39 | |
$
3.60 | |
$
3.82 |
| | | | | | | | | | | | | | |
