NXP Semiconductors (NXPI) Should Be Owned Despite Tumultuous Macro Backdrop, Needham & Company Says

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Go back to NXP Semiconductors (NXPI) Should Be Owned Despite Tumultuous Macro Backdrop, Needham & Company Says

NXP Semiconductors (NXPI) Tops Q2 EPS by 7c; Guides In-Line

July 30, 2015 6:37 AM EDT

Late Wednesday, NXP Semiconductors (NASDAQ: NXPI) reported Q2 EPS of $1.44, $0.07 better than the analyst estimate of $1.37. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.51 billion.

NXP Semiconductors sees FY2015 EPS of $1.45-$1.55, versus the consensus of $1.49. NXP Semiconductors sees FY2015 revenue of $1.525-1.575 billion, versus the consensus of $1.6 billion.

"Our results in the second quarter... More