NXP Semiconductors N.V. (NXPI) Revenue — Quarter Ended Sep 29, 2024
Revenue increased compared to the prior quarter, but declined relative to the same quarter last year. The sequential improvement reflects a recovery from the previous quarter's level.
Key takeaway
Quarter ended Sep 29, 2024 · FY2024 Q3
Revenue increased compared to the prior quarter, but declined relative to the same quarter last year. The sequential improvement reflects a recovery from the previous quarter's level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
-5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.9B
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 |
|---|---|---|
| Dec 31, 2023 | $3.4B | +3.3% |
| Mar 31, 2024 | $3.1B | +0.2% |
| Jun 30, 2024 | $3.1B | -5.2% |
| Sep 29, 2024 | $3.3B | -5.4% |
Revenue performance
The company reported higher revenue than in the immediately preceding quarter, indicating a rebound in recent performance. However, revenue remained below the level achieved one year earlier.
Quarterly comparison
When compared to the previous quarter, revenue registered an increase. In contrast, versus the same period a year ago, revenue declined.
What to watch
The filing notes risk factors and a decline in cash balance, suggesting close monitoring of market conditions and liquidity.