NXP Semiconductors Reports Q2 Earnings Beat But Stock Falls In After-Hours Trading
Earnings·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
NXP Semiconductors beat estimates for the second quarter and with its guidance. However, NXPI stock fell in after-hours trading.
Despite a generally upbeat forecast for the current period, NXP struggled to impress investors, reflecting deepening concern about the chip sector.
NXP Semiconductors
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“NXP Semiconductors NV struggled to impress investors with a generally upbeat forecast for the current period, the latest sign of deepening concern about the chip sector.”
Bloomberg — NXP’s Upbeat Revenue Forecast Fails to Impress Investors“NXP Semiconductors beat estimates for the second quarter and with its guidance.”
IBD — NXP Semiconductors Fails To Impress With Beat-And-Raise Report