NXP Semiconductors N.V. (NXPI) Revenue — Quarter Ended Apr 2, 2023
Revenue declined compared to the preceding quarter and was marginally lower than the same quarter a year earlier. The sequential decrease was more pronounced than the year-over-year change.
Key takeaway
Quarter ended Apr 2, 2023 · FY2023 Q1
Revenue declined compared to the preceding quarter and was marginally lower than the same quarter a year earlier. The sequential decrease was more pronounced than the year-over-year change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
-5.8%
Change from the immediately preceding quarter.
Year-over-year
-0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 3, 2022 | $3.3B | +27.6% |
| Oct 2, 2022 | $3.4B | +20.4% |
| Dec 31, 2022 | $3.3B | +9.0% |
| Apr 2, 2023 | $3.1B | -0.5% |
Revenue performance
Revenue for the quarter was lower than the previous quarter, reflecting a sequential decline. The year-over-year comparison showed a slight decrease as well.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was down. Versus the same quarter one year earlier, revenue was also down, but by a smaller margin.
What to watch
Revenue has declined for two consecutive quarters, a trend that may warrant monitoring.