Tuesday, July 23, 2024

NXP Semiconductors reports Q2 revenue down 5% YoY to $3.13B, automotive chip sales down 7% YoY, and forecasts Q3 revenue below $3.35B est.; NXPI drops 9%+ (Lynn Doan/Bloomberg)

Lynn Doan / Bloomberg:
NXP Semiconductors reports Q2 revenue down 5% YoY to $3.13B, automotive chip sales down 7% YoY, and forecasts Q3 revenue below $3.35B est.; NXPI drops 9%+  —  NXP Semiconductors NV slid in late trading after giving revenue and earnings outlooks for the third quarter that disappointed investors.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...