NXP reports Q1 2022 revenue at USD3.14 billion, up 22.2% y/y
Net income was up 86.11% y/y to USD657 million, compared with USD353 million for the first quarter of 2021
NXP has reported first-quarter net sales at USD3.14 billion with a year-on-year (y/y) growth of 22.2% compared to USD2.56 billion in the first quarter of 2021 for the three months ended 3 April 2022, according to a filing by the company on 2 May 2022. Operating income for the first quarter grew 77.43% to USD873 million compared to USD353 million last year’s quarter.
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