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NXP

Freescale Semiconductor Announces Second Quarter 2008 Results

(PresseBox) (AUSTIN, Texas, )
Freescale Semiconductor Holdings I, Ltd. today announced financial results for the second quarter ended June 27, 2008.

Highlights for the second quarter of 2008 include:

- Net sales of $1.47 billion;
- Adjusted EBITDA of $416 million;
- Cash, cash equivalents and short-term investments of $1.20 billion at June 27, 2008.

A description of Adjusted EBITDA and the reconciliations to our GAAP results are included in this press release and the accompanying tables.

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