NXP Semiconductors N.V. (NXPI) Revenue — Quarter Ended Jun 30, 2024
NXP Semiconductors reported revenue that was unchanged from the previous quarter but declined compared to the same quarter last year. The company's performance reflected stable sequential demand while facing a year-over-year contraction.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
NXP Semiconductors reported revenue that was unchanged from the previous quarter but declined compared to the same quarter last year. The company's performance reflected stable sequential demand while facing a year-over-year contraction.
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
+0.0%
Change from the immediately preceding quarter.
Year-over-year
-5.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.1B
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 |
|---|---|---|
| Oct 1, 2023 | $3.4B | -0.3% |
| Dec 31, 2023 | $3.4B | +3.3% |
| Mar 31, 2024 | $3.1B | +0.2% |
| Jun 30, 2024 | $3.1B | -5.2% |
Revenue performance
Revenue remained flat sequentially after a decline in the prior period, indicating a short-term stabilization.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was essentially unchanged. However, compared with the same quarter one year earlier, revenue was lower, reflecting a year-over-year decrease.
What to watch
Monitor whether revenue can maintain its sequential stability or if further year-over-year pressure emerges in upcoming quarters.