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Freescale Semiconductor Announces Second Quarter 2010 Results

Freescale Semiconductor Holdings I, Ltd. today announced financial results for the second quarter ended July 2, 2010

(PresseBox) (Austin, Texas, )
Highlights for the second quarter include:

- Net sales of $1.11 billion;
- Trailing twelve month Adjusted EBITDA of $929 million;
- Cash and cash equivalents of $1.06 billion at July 2, 2010.

"Second quarter results showed continued growth in revenues and profitability for Freescale," said Rich Beyer, chairman and CEO. "We are on a solid trajectory with four quarters of sequential growth, and our design win momentum continues to solidify our leadership in embedded processing solutions."

Operating Results

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