: NXP Semiconductors inventory rises as forecast tops Road estimates

HomeForex News

: NXP Semiconductors inventory rises as forecast tops Road estimates

Posted by: Market Watch in Market Information 2 hours in the past NXP Semiconductors NV NXPI shares rose within the prolonged session Monda


NXP Semiconductors NV NXPI shares rose within the prolonged session Monday after the Dutch chip maker’s forecast income topped Wall Road estimates. NXP shares rose 2.7% after hours, following a 1.6% decline within the common session to shut at $134.89. NXP expects fourth-quarter income of $2.38 billion to $2.53 billion, whereas analysts surveyed by FactSet had forecast on income of $2.27 billion. The corporate reported a third-quarter lack of $22 million, or eight cents a share, versus internet revenue of $109 million, or 38 cents a share, within the year-ago interval. Income was flat at $2.27 billion from a yr in the past. Analysts had forecast income of $2.24 billion. Earlier within the month, NXP had forecast third-quarter preliminary income of $2.27 billion, in contrast with an earlier mid-point forecast of $2 billion.Market Pulse Tales are Speedy-fire, quick information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra info on this information.

Learn Full Story

Newest posts by Market Watch (see all)



forextv.com