EINDHOVEN, The Netherlands, March 07, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing capital return program, NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that its board of directors has approved the payment of an interim dividend. The actions are based on the continued and significant strength of the NXP capital structure, and the board's confidence in the company's ability to drive long-term growth and strong cash flow. The board of directors has approved the payment of an interim dividend of $1. ...

It has been about a month since the last earnings report for NXP Semiconductors (NXPI) . Shares have added about 11.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is NXP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. NXP Semiconductors Q4 Earnings Beat, Revenues ...

NXP Semiconductors N.V. (NASDAQ:NXPI) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 11:45 AM ET Company Participants Jeff Palmer - Director, IR Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore Good. All right. Thank you, everybody. Welcome back. I'm Joe Moore, Morgan Stanley Semiconductor Research. Very happy to have with us today, Jeff Palmer, our Director of Investor Relations for NXP. So Jeff, I think maybe if you could just start off with a little bit of an o ...

Foreign Currency Exposure and Hedging - The company's primary foreign currency exposure relates to the U.S. dollar to euro exchange rate, with additional exposures to currencies including the Chinese Yuan, Indian Rupee, Japanese Yen, Malaysian Ringgit, Romanian Leu, Singapore Dollar, New Taiwan Dollar, Thai Baht, and Swiss Franc[239] - The company faces exposure to adverse movements in foreign currency exchange rates due to its global operations[239] - The company may hedge currency exposures associated with certain assets and liabilities denominated in nonfunctional currencies and certain anticipated nonfunctional currency transactions[239] Derivative Financial Instruments - The company may use derivative financial instruments such as swaps, collars, forwards, options, or other instruments to limit earnings and cash flow volatility from foreign currency exposures[237] - Derivative financial instruments are used solely for hedging purposes and not for trading or speculative purposes[237] - All counterparties to the company's derivatives contracts are major banking institutions[237] - The company measures derivative financial instruments based on fair values derived from market prices or option pricing models, recording them as assets or liabilities in the balance sheet[238] - Changes in the fair values of derivative financial instruments are recognized immediately in the statement of operations unless cash flow hedge accounting is applied[238] Impact of Foreign Currency Fluctuations - The company's net asset related to foreign currency forward contracts designated as hedges of foreign currency risk was $3 million at December 31, 2023[238] - A 20% decline in forecasted operating expenditures for hedged currencies and a 20% unfavorable change in exchange rates would result in a negligible loss[238]

NXP Semiconductors N.V. (NXPI) delivered fourth-quarter 2023 non-GAAP earnings of $3.71 per share, which outpaced the Zacks Consensus Estimate by 1.92%. The figure decreased 0.5% year over year.Revenues of $3.42 billion surpassed the Zacks Consensus Estimate of $3.395 billion. The figure was up 3% from the year-ago level.This was attributed to strong momentum in the Automotive and Industrial & IoT markets.The company witnessed sluggishness in the Communication Infrastructure & Others and Mobile end markets ...

NXP Semiconductors N.V. (NASDAQ:NXPI) Q4 2023 Earnings Call Transcript February 6, 2024 8:00 AM ET Company Participants Jeff Palmer - SVP, IR Kurt Sievers - President and CEO Bill Betz - CFO Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Stacy Rasgon - Bernstein Research Gary Mobley - Wells Fargo Securities Francois Bouvignies - UBS Chris Danely - Citi Joshua Buchalter - TD Cowen Operator Good day, and welcome to the NXP 4Q '23 Earnings Conference Call. At this time, ...

NXP Investor Presentation Fourth Quarter 2023 February 2024 PUBLI ...

For the quarter ended December 2023, NXP Semiconductors (NXPI) reported revenue of $3.42 billion, up 3.3% over the same period last year. EPS came in at $3.71, compared to $3.73 in the year-ago quarter.The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $3.4 billion. With the consensus EPS estimate being $3.64, the EPS surprise was +1.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

EINDHOVEN, The Netherlands, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today reported financial results for the fourth quarter and full-year, which ended December 31, 2023. "NXP delivered full-year 2023 revenue of $13.28 billion, an increase of 1 percent year-on-year. In the fourth quarter, revenue was $3.42 billion, an increase of 3 percent year-on-year, above the mid-point of our guidance range. In review, NXP delivered solid results throughout 2023, reflecting strong executio ...

TROY, Mich., Feb. 1, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced NXP Semconductors N.V. (NASDAQ: NXPI) as its "Stock to Study" and Comcast Corp. (NASDAQ: CMCSA) as its "Undervalued Stock" in the April 2024 issue for investors' informational and educational use. "Given the record breaking highs of various indices, retail investors may be tempted to throw caution to the wind. As such, we believe it is crucial to remind investors to fo ...