NXP Semiconductors Reports Second Quarter 2019 Results

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NXP Semiconductors NV (NXPI) PT Lowered to $120 at Needham & Company

July 30, 2019 1:28 PM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $120.00 (from $125.00) while maintaining a Strong Buy rating.

The analyst commented, "We maintain our Strong Buy on NXPI but are slightly lowering our price target to $120 following a solid... More

NXP Semiconductors (NXPI) Misses Q2 EPS, Revenues In-Line

July 30, 2019 6:15 AM EDT

Late Monday, NXP Semiconductors (NASDAQ: NXPI) reported Q2 EPS of $0.14, which may not compare to the analyst estimate of $1.78. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.2 billion.

NXP delivered revenue of $2.2 billion during the second quarter.... More