NXP Semiconductors (NXPI) late Wednesday reported Q4 earnings that topped analyst expectations, driven by strong iPhone sales momentum, but the stock was down Thursday as the company’s revenue guidance fell a bit short of views. Q1 EPS guidance, however, exceeded Wall Street views. The Eindhoven, Netherlands-based chipmaker reported earnings per share excluding items of $1.35, up 36% from the year-earlier quarter. Revenue climbed 19% to $1.537
NXP Semiconductors (NXPI), maker of chips for mobile payments and other industries, reported better-than-expected fourth-quarter earnings and sales growth late Wednesday. The Dutch-based company earned $1.35 a share excluding various items, up 36% vs. a year earlier and 3 cents above views. Revenue climbed 19% to $1.537 billion, about $30 million better than analyst forecasts. “2014 was a very good year for NXP,” said CEO Richard Clemmer in a
Two highly rated IBD 50 stocks are all set to report quarterly earnings after the close on Wednesday: NXP Semiconductors (NXPI) and Under Armour. Will Under Armour (UA) have a blowout quarter as some on Wall Street think? Athletic clothing is becoming the “daily uniform of choice for millennials when they come home from work,” according to Belus Capital Advisors. Was Apple’s (AAPL) performance a foreshadowing of NXP’s results? Among other things,