NXP Semiconductors (NXPI) Reports Q4 EPS of $0.40, Offers Q1 Guidance
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NXP Semiconductors (NXPI) Reports Q4 Revenues Beat; Offers Q1 Revenue Guidance Above Consensus
February 3, 2020 5:10 PM ESTNXP Semiconductors (NASDAQ: NXPI) reported Q4 revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.28 billion.
NXP delivered full-year revenue of $8.88 billion, a decline of 6 percent year-on-year, against a very challenging semiconductor industry backdrop. As we look forward to 2020, we are increasingly confident that the demand trends within our end markets are beginning to moderately improve. Notwithstanding the operating environment we experienced in 2019, NXP drove improved profitability, strong free cash flow generation, and continued to successfully execute our strategy within our... More
