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NXP(NXPI) - 2024 Q2 - Quarterly Results
2024-07-23 10:08
NXP Semiconductors Reports Second Quarter 2024 Results EINDHOVEN, The Netherlands, July 22, 2024 – NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter, which ended June 30, 2024. "NXP delivered quarterly revenue of $3.13 billion, consistent with our guidance, with all our focus end-markets performing in-line with our expectations. With our second quarter results and guidance for the third quarter NXP has successfully navigated the cyclical trough in our businesses ...
NXP(NXPI) - 2024 Q2 - Quarterly Report
2024-07-23 10:06
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 June 30, 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) (State or other jurisdiction of incorpora ...
NXP (NXPI) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-23 00:01
NXP Semiconductors (NXPI) reported $3.13 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 5.2%. EPS of $3.20 for the same period compares to $3.43 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.13 billion, representing a surprise of +0.04%. The company has not delivered EPS surprise, with the consensus EPS estimate being $3.20. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
NXP Semiconductors Reports Second Quarter 2024 Results
Newsfilter· 2024-07-22 20:10
EINDHOVEN, The Netherlands, July 22, 2024 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today reported financial results for the second quarter, which ended June 30, 2024. "NXP delivered quarterly revenue of $3.13 billion, consistent with our guidance, with all our focus end-markets performing in-line with our expectations. With our second quarter results and guidance for the third quarter NXP has successfully navigated the cyclical trough in our businesses and we expect to resume sequential gro ...
Here's Why NXP Semiconductors (NXPI) Gained But Lagged the Market Today
ZACKS· 2024-06-18 23:20
NXP Semiconductors (NXPI) closed at $271.40 in the latest trading session, marking a +0.05% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.03%.The the stock of chipmaker has fallen by 0.84% in the past month, lagging the Computer and Technology sector's gain of 8.7% and the S&P 500's gain of 3.34%.The investment community will be closely monitoring the perf ...
NXP Semiconductors N.V. (NXPI) NASDAQ Investor Conference Call Transcript
2024-06-11 13:59
NXP Semiconductors N.V. (NASDAQ:NXPI) NASDAQ Investor Conference Conference Call June 11, 2024 4:00 AM ET Company Participants Kurt Sievers - President & CEO Bill Betz - CFO Conference Call Participants Blayne Curtis - Jefferies Blayne Curtis Go ahead and get started. And I'm Blayne Curtis, recently joined Jefferies, covering U.S. Semiconductor, Semi Cap Equipment. I've known NXP for a very long time. Very happy to have Kurt Sievers, the President and CEO; as well as Bill Betz, who's the CFO. Welcome both o ...
NXP Semiconductors (NXPI) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-06-10 23:20
NXP Semiconductors (NXPI) closed the latest trading day at $276.85, indicating a +1.82% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.26%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.35%.The the stock of chipmaker has risen by 3.88% in the past month, lagging the Computer and Technology sector's gain of 6.38% and overreaching the S&P 500's gain of 3.25%.Investors will be eagerly watching for the performance of NXP Semiconductors in its upco ...
NXP Semiconductors (NXPI) Boosts EV Portfolio With ZF Tie-Up
ZACKS· 2024-06-06 16:56
NXP Semiconductors N.V. (NXPI) is leaving no stone unturned to capitalize on growth opportunities present in the electric vehicles (EV) market, which, per a Statista report, is expected to hit $623.3 billion in 2024 and reach $906.7 billion by 2028, indicating a CAGR of 9.8% between 2024 and 2028. In this regard, the company recently collaborated with an e-mobility company, ZF Friedrichshafen AG, to develop Silicon Carbide (SiC)-based traction inverter solutions for EVs. The collaboration aims to create mor ...
VIS and NXP to Establish a Joint Venture to Build and Operate a 300mm Fab
Newsfilter· 2024-06-05 06:30
HSINCHU, Taiwan and EINDHOVEN, The Netherlands, June 05, 2024 (GLOBE NEWSWIRE) -- Vanguard International Semiconductor Corporation ("VIS", TPEx 5347) and NXP Semiconductors N.V. (("NXP", NASDAQ:NXPI) today announce the plan to create a manufacturing joint-venture VisionPower Semiconductor Manufacturing Company Pte Ltd ("VSMC") which will build a new 300mm semiconductor wafer manufacturing facility in Singapore. The joint-venture fab will support 130nm to 40nm mixed-signal, power management and analog produc ...
NXP and ZF Collaborate on SiC-Based Traction Inverters to Boost Electric Vehicle Powertrains
Newsfilter· 2024-06-04 07:00
NXP's high-voltage isolated gate driver family is integrated into ZF's next-generation 800-V SiC-based traction inverter solutions for EVsThe collaboration aims at improving safety, efficiency, range and performance of EVsThe GD316x product family implements a number of features to both protect and unleash the benefits of high-voltage SiC power switches EINDHOVEN, The Netherlands, June 04, 2024 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today announced a collaboration with ZF Friedrichshafen ...