1、 NXP Semiconductors Reports First Quarter 2024 Results EINDHOVEN,The Netherlands,April 29,2024 NXP Semiconductors N.V.(NASDAQ:NXPI)today reported financial results for the first quarter,which ended March 31,2024.“NXP delivered quarterly revenue of$3.13 billion,in-line with the midpoint of guidance w

2、ith all our focus end-markets performing as expected.Our first-quarter results,guidance for the second quarter,and our early views into the second half of the year underpin a cautious optimism that NXP is successfully navigating through this industry-wide cyclical downturn.We continue to manage what

3、 is in our control enabling NXP to drive solid profitability and earnings in a challenging demand environment,”said Kurt Sievers,NXP President and Chief Executive Officer.Key Highlights for the First Quarter 2024:Revenue was$3.13 billion,up 0.2 percent year-on-year;GAAP gross margin was 57.0 percent

4、,GAAP operating margin was 27.4 percent and GAAP diluted Net Income per Share was$2.47;Non-GAAP gross margin was 58.2 percent,non-GAAP operating margin was 34.5 percent,and non-GAAP diluted Net Income per Share was$3.24;Cash flow from operations was$851 million,with net capex investments of$224 mill

5、ion,resulting in non-GAAP free cash flow of$627 million;During the first quarter of 2024,NXP continued to execute its capital return policy with the payment of$261 million in cash dividends,and the repurchase of$303 million of its common shares.The total capital return of$564 million in the quarter

6、represented 90 percent of first quarter non-GAAP free cash flow.On a trailing twelve month basis,capital return to shareholders represented$2.39 billion or 82 percent of non-GAAP free cash flow.The interim dividend for the first quarter 2024 was paid in cash on April 10,2024 to shareholders of recor