NXP Semiconductors N.V. (NXPI) delivered first-quarter 2024 non-GAAP earnings of $3.24 per share, which outpaced the Zacks Consensus Estimate by 1.9%. The figure increased 1.6% year over year.Revenues of $3.13 billion missed the Zacks Consensus Estimate by 0.02%. The figure rose 0.2% from the year-ago level.Strong momentum across the Industrial & IoT, and Mobile end markets contributed well.NXPI has gained 10.9% in the year-to-date period, outperforming the industry’s growth of 3%.However, the company witne ...

Key PointsNXP Semiconductors struggled in Q1, but results and guidance suggest that its soft-landing approach works.Analysts are leading the market to new highs, which may be reached soon. Cash flow and capital returns aid the outlook for higher share prices. 5 stocks we like better than NXP SemiconductorsNXP Semiconductors NASDAQ: NXPI is trending higher and on track to hit the $300 level. The company’s diversified business, position in the industrial chip market, and pivot back to growth are why. It will ...

NXP Semiconductors N.V. (NASDAQ:NXPI) Q1 2024 Earnings Conference Call April 30, 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 Ross Seymore - Deutsche Bank C.J. Muse - Cantor Fitzgerald Chris Danely - Citi Gary Mobley - Wells Fargo Securities Stacy Rasgon - Bernstein Research Joshua Buchalter - TD Cowen Chris Caso - Wolfe Research Operator Hello, and thank you for standing by. W ...

NXP Semiconductors Reports First Quarter 2024 Results EINDHOVEN, The Netherlands, April 29, 2024 – NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the first quarter, which ended March 31, 2024. "NXP delivered quarterly revenue of $3.13 billion, in-line with the midpoint of guidance with all our focus end-markets performing as expected. Our first-quarter results, guidance for the second quarter, and our early views into the second half of the year underpin a cautious optimism that ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-34841 NXP Semiconductors N.V. (Exact name of registrant as specified in its charter) Netherlands 98-1144352 (State or other j ...

Key TakeawaysNXP shares jumped 6% in extended trading Monday after the Dutch-based chipmaker posted quarterly earnings and a current-quarter outlook that came in ahead of estimates. CEO Kurt Sievers said that the chipmaker remains cautiously optimistic about how it’s performing in an industry downturn and a challenging demand environment.Sales in the company’s industrial and IOT segment and mobile device chips unit helped offset weakness in its communications infrastructure and automotive chip businesses in ...

For the quarter ended March 2024, NXP Semiconductors (NXPI) reported revenue of $3.13 billion, up 0.2% over the same period last year. EPS came in at $3.24, compared to $3.19 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.13 billion, representing a surprise of -0.02%. The company delivered an EPS surprise of +1.89%, with the consensus EPS estimate being $3.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

NXP Semiconductors (NXPI) came out with quarterly earnings of $3.24 per share, beating the Zacks Consensus Estimate of $3.18 per share. This compares to earnings of $3.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.89%. A quarter ago, it was expected that this chipmaker would post earnings of $3.64 per share when it actually produced earnings of $3.71, delivering a surprise of 1.92%.Over the last four quarters, the compa ...

NXP Semiconductors N.V. (NXPI) is slated to report first-quarter 2024 results on Apr 29.NXP Semiconductors expects first-quarter 2024 revenues in the range of $3.025-$3.225 billion, indicating no year-over-year change at the midpoint.The Zacks Consensus Estimate for revenues is currently pegged at $3.13 billion, indicating growth of 0.17% from the year-ago quarter.The company expects first-quarter 2024 non-GAAP earnings in the range of $2.97-$3.38 per share.For the first quarter of 2024, the Zacks Consensus ...

The upcoming report from NXP Semiconductors (NXPI) is expected to reveal quarterly earnings of $3.18 per share, indicating a decline of 0.3% compared to the year-ago period. Analysts forecast revenues of $3.13 billion, representing an increase of 0.2% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a ...