NXP Semiconductors (NXPI) Tops Q4 EPS by 3c
Late Wednesday, NXP Semiconductors (NASDAQ: NXPI) reported Q4 EPS of $1.35, $0.03 better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.51 billion.
NXP Semiconductors sees Q1 2015 EPS of $1.25-$1.35, versus the consensus of $1.33. NXP Semiconductors sees Q1 2015 revenue of $1.445-1.505 billion, versus the consensus of $1.52 billion.
"Our results in the fourth quarter of 2014 came in at the high-end of our guidance, as NXP delivered Product revenue of $1.50 billion, approximately a 20 percent increase from the same period in the prior year and a 2 percent sequential increase – significantly better than historic seasonality on a sequential basis. Total NXP revenue was $1.54 billion, a 1.5 percent sequential increase, and nearly a 19 percent increase from the same period in the prior year. Non-GAAP earnings per share in the fourth quarter was $1.35, at the upper-end of guidance, while non-GAAP free cash flow was $451 million or 29 percent of revenue," said Richard Clemmer, NXP Chief Executive Officer.
For earnings history and earnings-related data on NXP Semiconductors (NXPI) click here.
