NXP Semiconductors Reports First Quarter 2017 Results

Successful Completion of the Standard Products Divestment

Gross Debt Reduced to $6.5 billion from $9.2 billion

Dramatic Reduction of Financial Leverage

 
Q1 2017

Revenue
$2.211 billion

GAAP Gross margin
48.8%

GAAP Operating margin
75.9%

 
 

Non-GAAP Gross margin
51.7%

Non-GAAP Operating margin      

27.1%

 
 

EINDHOVEN, The Netherlands, May 03, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) today reported financial results for the first quarter ended April 2, 2017. 
“NXP delivered good seasonal results for the first quart…

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