NXP Semiconductors N.V. (NXPI) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter was slightly lower than the immediately preceding quarter, but higher than the same quarter one year earlier. The sequential decline was marginal, while the year-over-year increase reflected continued growth.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter was slightly lower than the immediately preceding quarter, but higher than the same quarter one year earlier. The sequential decline was marginal, while the year-over-year increase reflected continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-0.3%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.3B
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 |
|---|---|---|
| Apr 2, 2023 | $3.1B | -0.5% |
| Jul 2, 2023 | $3.3B | -0.4% |
| Oct 1, 2023 | $3.4B | -0.3% |
| Dec 31, 2023 | $3.4B | +3.3% |
Revenue performance
The reported revenue direction was essentially flat compared to the prior quarter, with a very small decrease. On an annual basis, revenue showed a moderate increase.
Quarterly comparison
Compared to the preceding quarter, revenue was nearly unchanged. Relative to the same quarter a year ago, revenue was higher.
What to watch
Monitor whether the sequential revenue trend stabilizes or reverses in upcoming periods.