NXP Semiconductors Non-GAAP EPS of $3.43 beats by $0.15, revenue of $3.3B beats by $90M
NXP Semiconductors press release (NASDAQ:NXPI): Q2 Non-GAAP EPS of $3.43  beats by $0.15.
Revenue of $3.3B (-0.3% Y/Y)  beats by $90M.
Shares +0.89%.
Q3 Revenue expected of $3.3B to $3.5B, and Non-GAAP EPS of $3.39 to $3.82.
Cash flow from operations was $756 million, with net capex investments of $200 million, resulting in non-GAAP free cash flow of $556 million;

During the second quarter of 2023, NXP continued to execute its capital return policy with the payment of $264 million in cash dividends, and the repurchase of $302 million of its common shares. The total capital return of $566 million in the quarter represented 102 percent of second quarter non-GAAP free cash flow. The interim dividend for the second quarter 2023 was paid in cash on July 6, 2023 to shareholders of record as of June 14, 2023. Subsequent to the end of the second quarter, between July 3, 2023 and July 21, 2023, NXP executed via a 10b5-1 program additional share repurchases totaling $69 million;