NXP Semiconductors Guidance Beats But Stock Falls

By | October 23, 2014

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NXP Semiconductors (NXPI) late Wednesday reported Q3 earnings and revenue that topped Wall Street estimates, and its Q4 guidance also beat, but its stock fell Thursday. NXP expects earnings per share excluding items of $1.26 to $1.36 for the current quarter on revenue of $1.48 billion to $1.54 billion. Analysts polled by Thomson Reuters had forecast EPS ex items of $1.28 on revenue of $1.49 billion. The company posted Q3 EPS ex items of $1.35 Scalper1 News

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