NXP Semiconductors N.V.

NXPI
Sector

Technology

Industry

Semiconductors

Market Cap

$53.45B

Employees

34.2K

Company Overview

NXP Semiconductors N.V. is a global semiconductor company providing solutions in cryptography-security, high-speed interface, radio frequency (RF), mixed-signal analog-digital (mixed A/D), power management, digital signal processing and embedded system design. The company's products are used in automotive, industrial & IoT, mobile, and communication infrastructure. NXP engages with leading global original equipment manufacturers (OEMs) and sells products in all major geographic regions.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Q3 2024 revenue was $3.25 billion, a 5.4% decrease compared to $3.434 billion in Q3 2023, indicating a slowdown in demand. This is in line with management's expectations.

The company maintained a strong gross margin at 57.4%, but the GAAP operating margin was 30.5% in Q3 2024. This indicates some pressure on profitability despite the relatively high gross margin.

The company generated $779 million in cash from operations and a free cash flow of $593 million in Q3 2024, after accounting for capital expenditures of $186 million. This demonstrates strong cash generation capabilities.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights