NXP Semiconductors (NXPI) Misses Q2 EPS by 89c

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NXP Semiconductors Reports Second Quarter 2021 Results

August 2, 2021 4:05 PM EDT

EINDHOVEN, The Netherlands, Aug. 02, 2021 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter 2021, ended July 4, 2021.

"NXP delivered second-quarter revenue of $2.6 billion, an increase of 43 percent versus the year-ago period, and better than the mid-point of our guidance. We continue to be very positive about the long-term demand trends across all our end markets, and while the supply environment will remain challenging in the near term we have taken actions to increase supply which underpin our confidence to drive very robust growth for the... More