NXP Semiconductors (NASDAQ:NXPI) Full Year 2024 Results

Key Financial Results

• Revenue: US$12.6b (down 5.0% from FY 2023).
• Net income: US$2.51b (down 10% from FY 2023).
• Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$9.84 (down from US$10.83 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

NXP Semiconductors EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.0%.

In the last 12 months, the only revenue segment was High Performance Mixed Signal (HPMS) contributing US$12.6b. The largest operating expense was Research & Development (R&D) costs, amounting to US$2.29b (49% of total expenses). Explore how NXPI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

The company's shares are up 2.6% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with NXP Semiconductors, and understanding this should be part of your investment process.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.