NXP Semiconductors (NXPI) Reports In-line Q1 Revenue, Offers Q2 Guidance
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NXP Semiconductors Reports First Quarter 2020 Results
April 27, 2020 5:00 PM EDTEINDHOVEN, The Netherlands, April 27, 2020 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the first quarter 2020, ended March 29, 2020.
Consistent with our preannouncement on April 7, 2020, NXP delivered first quarter revenue of $2.02 billion, a 3 percent decline from the year ago period, said Richard Clemmer, NXP Chief Executive Officer. During this period of widespread societal disruption, our focus continues to be the long-term health and safety of all our NXP team members, and on assuring the utmost support for our customers and partners. I am extremely proud of the... More
