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 ...

NXP Semiconductors (NXPI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this chipmaker have returned -2.2%, compared to the Zacks S&P 500 composite's +1.8% change. During this period, the Zacks Semiconductor - Analog and Mixed industry, which NXP falls in, has gained 0.5%. The key question now is: What could be the stock's future direction?While media r ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about NXP Semiconductors (NXPI) .NXP currently has an average brokerage recommen ...

NXP Semiconductors N.V. (NXPI) is leaving no stone unturned to capitalize on growth opportunities present in the software-defined vehicle (SDV) market. Per a MarketsandMarkets report, the SDV market is expected to reach $419.7 billion by 2028, exhibiting a CAGR of 9.1% between 2023 and 2028.Notably, the company’s introduction of its S32 CoreRide platform testifies to the aforesaid fact.The platform is designed by combining NXPI’s S32 compute, networking, system power management and software from its partner ...

Industry-first platform combines processing, vehicle networking and system power management with integrated software to address the complexity, scalability, cost-efficiency and development efforts required for next-generation vehiclesNXP collaborates with market-leading software and tier-1 suppliers to provide an easy-to-use vehicle integration platform that maximizes system performanceNXP also introduces S32N family of vehicle super-integration processors offering best-in-class real-time performance that e ...

EINDHOVEN, The Netherlands, March 19, 2024 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) has published its annual Corporate Sustainability Report (CSR), reinforcing its commitment toward transparency and sustainable business practices. Detailing NXP's overall Environmental, Social and Governance (ESG) strategy and guiding principles, the report highlights the company's year-on-year progress in reaching its mid-term and long-term ESG goals. "As a global technology company, we have a special oppor ...