NXP Semiconductors (NXPI) Raises Quarterly Dividend 20% to $1.014 Dividend; 2.3% Yield
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NXP Semiconductors Reports Fourth Quarter and Full-Year 2022 Results; Announces Increase of Quarterly Dividend
January 30, 2023 4:10 PM ESTEINDHOVEN, The Netherlands, Jan. 30, 2023 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter and full year ended December 31, 2022.
NXP delivered full-year 2022 revenue of $13.21 billion, an increase of 19 percent year-on-year, with revenue increasing across all of our focus end-markets. In the fourth quarter, revenue was $3.31 billion, an increase of 9 percent year-on-year, in line with the mid-point of our guidance range. In review, 2022 was a very good year for NXP, with strong execution resulting in record revenue, solid profit growth, and healthy free cash flow generation. Additionally, we experienced... More
