NXP Semiconductors has reported total revenue of $1.2bn for the second quarter of 2010, an increase of 33% as compared to $903m of the same period last year.
The company’s gross margin increased to 39.3%, from 20.6% in Q2 2009.
NXP Semiconductors posted an adjusted EBITDA of $269m as compared to $89m of the second quarter of financial year 2009.
The company reported an operating income of $93m for the second quarter of 2010 as compared to an operating loss of $217m in the same period last year.
NXP chief executive officer Richard Clemmer said that the increased success in winning new designs in high performance mixed signal combined with the improved economic environment together with their ability to quickly ramp up production to meet higher demand from their customers has been key to their 62% comparable growth from last year in high performance mixed signal.
The company expects adjusted income from operations to increase 7% to 13% sequentially in the third quarter of 2010.
