NXP Semiconductors has released its financial results for the fourth quarter of 2024, reporting revenues of $3.11 billion. This figure represents a 9% decrease from the same period last year and falls short of market expectations. For the full year, the company recorded revenues of $12.61 billion, marking a 5% decline. In terms of profitability, NXP Semiconductors posted a GAAP net income of $495 million for Q4, with a full-year net income of $2.51 billion.
