NXP Semiconductors NV (NXPI) on Wednesday reported second-quarter net earnings of $300 million or $1.23 per share compared with $159 million or $0.64 per share last year.
Excluding items, adjusted earnings for the quarter were $1.44 per share compared with $1.09 per share a year ago.
Revenues for the quarter were $1.51 billion compared with $1.35 billion in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $1.37 per share on revenues of $1.51 billion for the quarter. Analysts' estimates typically exclude special items.
For the third quarter, the company expects adjusted earnings of $1.45 to $1.55 per share on revenues of $1.53 billion to $1.58 billion. Analysts expect earnings of $1.49 per share on revenues of $1.60 billion.
For comments and feedback contact: editorial@rttnews.com
Business News