Behind every call you make or every picture you take on Apple’s (AAPL) latest iPhone are a handful of IBD 50 chipmakers and social media companies that will help spread the season’s good will. If you bought somebody a gift this holiday season using the Apple Pay mobile-payment service, NXP Semiconductors’ (NXPI) chips helped you complete the purchase. The Netherlands-based company makes chips that enable secure mobile payments and applications
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
Analysts look for NXP Semiconductors (NXPI) to benefit from its technology geared to secure mobile payments and to electronics that help cars communicate, when the Dutch chipmaker reports Q3 earnings after the close Wednesday. The company is expected to post earnings per share minus items of $1.31, on $1.5 billion in revenue, according to analysts polled by Thomson Reuters. That would be up 54% and 21%, respectively, from the year-earlier quarter.