NXP Semiconductors Reports First Quarter 2019 Results
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April 30, 2019 3:32 PM EDT
Mizuho Securities analyst Vijay Rakesh raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $100.00 (from $95.00) while maintaining a Neutral rating.
The analyst commented, "NXPI reported MarQ results that were inline and guided to JunQ, rev/EPS of $2.2B/53.3% vs. consensus of... More
April 30, 2019 12:52 PM EDT
Susquehanna analyst Christopher Rolland raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $105.00 (from $90.00) while maintaining a Neutral rating following results.
"NXP outperformed broad-based peers on the back of strong specific product cycles (radar, EV battery, HPRF, and others)," the analyst commented.
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April 30, 2019 6:13 AM EDT
NXP Semiconductors (NASDAQ: NXPI) reported Q1 EPS of ($0.07), may not compare to the analyst estimate of $1.55. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.09 billion.
Non-GAAP gross margin was 52.7 percent, and non-GAAP operating margin was 26.7...
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