NXP Semiconductors Reports Third Quarter 2015 Results

Additional Information for the Third Quarter of 2015:

  • NXP repurchased approximately 1.8 million shares in the third quarter of 2015 for a total cost of approximately $158 million.
  • Effective October 29, 2015, NXP expanded its existing stock repurchase program.  Under the expanded stock repurchase program, NXP may repurchase up to twenty (20) million shares of its common stock from time to time in both privately negotiated and open market transactions, subject to management’s evaluation of market conditions, terms of private transactions, the best interests of NXP shareholders, applicable legal requirements and other factors. There is no guarantee as to the exact number of shares that will be repurchased under the stock repurchase program, and NXP may terminate the repurchase program at any time.
  • Net cash interest paid in the third quarter of 2015 was $42 million.
  • SSMC, NXP’s consolidated joint-venture wafer fab with TSMC, reported third quarter 2015 operating income of $48 million, EBITDA of $64 million and a closing cash balance of $434 million. During the third quarter of 2015 SSMC paid a previously announced dividend of $130 million.
  • Utilization in NXP wafer-fabs averaged 95 percent in the third quarter of 2015 compared to 96 percent in the prior year period and 98 percent in the prior quarter.

Supplemental Information ($ millions, unaudited)

                           
    Q3 2015   Q2 2015   Q3 2014   % Q3 2015   Q - Q   Y - Y  
                           
Automotive   $   308     $   310     $   288       20 %     -0.6 %     6.9 %  
                           
Secure Identification Solutions   $   269     $   257     $   252       18 %     4.7 %     6.7 %  
                           
Secure Connected Devices   $   317     $   276     $   301       21 %     14.9 %     5.3 %  
                           
Secure Interfaces and Power   $   270     $   303     $   298       18 %     -10.9 %     -9.4 %  
                           
High Performance Mixed Signal (HPMS)   $   1,164     $   1,146     $   1,139       76 %     1.6 %     2.2 %  
                           
Standard Products (STDP)   $   325     $   322     $   333       21 %     0.9 %     -2.4 %  
                           
Product Revenue   $     1,489     $     1,468     $     1,472       98 %     1.4 %     1.2 %  
                           
Corporate & Other   $   33     $   38     $   43       2 %     -13.2 %     -23.3 %  
                           
Total Revenue   $     1,522     $     1,506     $     1,515       100 %     1.1 %     0.5 %  
                           

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Job Openings: Can EDA Predict the Future
More Editorial  
Jobs
Verification Engineer for Ambarella at Santa Clara, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
ASIC Design Engineer 2 for Ambarella at Santa Clara, CA
Timing Design Engineer(Job Number: 17001757) for Global Foundaries at Santa Clara, CA
ASIC Design Engineer for Ambarella at Santa Clara, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy