NXP Semiconductors (NXPI) is hurt by broad-based inventory correction by the key customers.
NXP Semiconductors N.V. (NASDAQ:NXPI ) KBCM 2024 Technology Leadership Forum August 6, 2024 11:00 AM ET Company Participants Jeff Palmer - SVP, IR Conference Call Participants John Vinh - KeyBanc Capital Markets John Vinh Great.
NXP Semiconductors' (NXPI) second-quarter 2024 results reflect weakness in the automotive and communications end markets.
NXP Semiconductors' (NXPI) second-quarter 2024 results reflect strength in the Industrial & IoT, and Mobile markets amid softness in the Automotive, and Communication Infrastructure & Others markets.
NXP Semiconductors N.V. (NASDAQ:NXPI ) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Jeff Palmer - SVP, IR Kurt Sievers - President and CEO Bill Betz - CFO Conference Call Participants Vivek Arya - Bank of America Securities C.J.
NXP Semiconductors (NASDAQ: NXPI ) stock is in focus today on some lackluster results and expectations. Specifically, the firm's slumping auto business caused revenue to drop last quarter.
Shares of NXP Semiconductors fell around 9% in premarket trading on Tuesday, dragging other automobile-chip makers as its disappointing quarterly revenue forecast sparked concerns of a delay in demand recovery.
Although the revenue and EPS for NXP (NXPI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NXP Semiconductors (NXPI) came out with quarterly earnings of $3.20 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.43 per share a year ago.
In the latest trading session, NXP Semiconductors (NXPI) closed at $271.40, marking a +0.05% move from the previous day.
The latest trading day saw NXP Semiconductors (NXPI) settling at $276.85, representing a +1.82% change from its previous close.
NXP Semiconductors (NXPI) strengthens EV portfolio with ZF Friedrichshafen partnership, boosting its presence in the automotive end-market.