ChipsBloomberg Techabout 1 hour ago
NXP Beats Q3 Estimates, Misses Q4 Outlook
1 min read
NXP Semiconductors NV reported third-quarter revenue of $3.79 billion, beating the $3.76 billion estimate. The Dutch chipmaker forecasts fourth-quarter revenue to rise about 15% to roughly $3.85 billion, missing the $3.87 billion analyst average. Shares dropped 7%+ after hours due to the weaker forecast.
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