NXP Semiconductors (NXPI) Misses Q2 EPS by 1c, Offers Guidance
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NXP Semiconductors Reports Second Quarter 2024 Results
July 22, 2024 4:10 PM EDTEINDHOVEN, The Netherlands, July 22, 2024 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter, which ended June 30, 2024. NXP delivered quarterly revenue of $3.13 billion, consistent with our guidance, with all our focus end-markets performing in-line with our expectations. With our second quarter results and guidance for the third quarter NXP has successfully navigated the cyclical trough in our businesses and we expect to resume sequential growth. We continue to manage what is in our control enabling NXP to drive resilient profitability and earnings in a challenging demand... More
