NXP Semiconductors (NXPI) Misses Q4 EPS by 75c, Offers Guidance, Approves $2B Buyback Program

NXP Semiconductors (NASDAQ: NXPI) reported Q4 EPS of $2.24, $0.75 worse than the analyst estimate of $2.99. Revenue for the quarter came in at $3.04 billion versus the consensus estimate of $3 billion.

GUIDANCE:

NXP Semiconductors sees Q1 2022 revenue of $3.025-3.175 billion, versus the consensus of $2.96 billion.

• On January 31, 2022, the NXP Board of Directors approved a 50 percent increase in the quarterly cash dividend to $0.845 per ordinary share. The interim dividend will be paid in cash on April 6, 2022 to shareholders of record as of March 15, 2022. Additionally, the NXP Board of Directors approved a new $2.00 billion 2022 Share Repurchase Program. The new share repurchase authorization is in addition to the approximately $1.35 billion remaining for repurchase under previously authorized share repurchase programs.

For earnings history and earnings-related data on NXP Semiconductors (NXPI) click here.

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