NXP Earnings Miss, Revenue Beats In Q2 By Investing.com

<iframe src=”//rcm-na.amazon-adsystem.com/e/cm?o=1&p=22&l=ur1&category=homegarden&banner=02NMTC702K4D0VHE1SR2&f=ifr&linkID=17e0b4ac3a719000706e772761d8ae0e&t=forexz-20&tracking_id=forexz-20″ width=”250″ height=”250″ scrolling=”no” border=”0″ marginwidth=”0″ style=”border:none;” frameborder=”0″></iframe>

© Reuters. NXP Earnings Miss, Revenue Beats In Q2

Investing.com – NXP (NASDAQ:) reported on Monday second quarter that missed analysts’ forecasts and revenue that topped expectations.

NXP announced earnings per share of $1.42 on revenue of $2.60B. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $2.58B.

NXP shares are up 31.51% from the beginning of the year, still down 3.38% from its 52 week high of $216.43 set on April 5. They are outperforming the Nasdaq which is up 13.91% from the start of the year.

NXP shares gained 0.43% in after-hours trade following the report.

NXP follows other major Technology sector earnings this month

NXP’s report follows an earnings missed by Taiwan Semiconductor on July 15, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.

Snap had beat expectations on July 22 with second quarter EPS of $-0.1 on revenue of $982.11M, compared to forecast for EPS of $-0.1814 on revenue of $845.61M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.