NXP Q3 revenue falls 5% to $3.25 billion; Q4 guidance points lower
NXP reported third quarter 2024 revenue of $3.25 billion, down 5% from a year earlier but up 4% from the second quarter. GAAP diluted earnings per share were $2.79, compared with $3.01 a year earlier, and it guided fourth quarter revenue to $3.0 billion to $3.2 billion, below the third quarter level, citing broader macro weakness in Europe and the Americas.
Key points
- Q3 2024 revenue $3.25 billion, down 5% year over year and up 4% from Q2 2024
- GAAP diluted EPS $2.79 vs. $3.01 in Q3 2023; non-GAAP diluted EPS $3.45 vs. $3.70
- Q4 2024 revenue guidance $3.0 billion to $3.2 billion; non-GAAP diluted EPS guidance $2.93 to $3.33
- Q3 capital return of $564 million, including $305 million in share repurchases; board authorized an additional $2.0 billion for buybacks on August 29
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.