From Stockstory.org does not belong to any specific media company.: 2025-04-28 16:39:00

In Q1 CY2025, NXP Semiconductors met revenue expectations but saw a 9.3% sales decline to $2.84 billion. Next quarter’s revenue is expected to be $2.9 billion, slightly above analyst estimates. Non-GAAP profit per share was $2.64, beating estimates by 1.4%. Inventory days outstanding increased to 168, indicating higher inventory levels than in the past. Despite meeting estimates, the drop in sales may signal a deepening downcycle. Sell-side analysts project a 1.3% revenue decline over the next 12 months. NXP Semiconductors stock traded down 8.1% to $180.70 following the results.

Read more at Stockstory.org does not belong to any specific media company.: NXP Semiconductors (NASDAQ:NXPI) Reports Q1 In Line With Expectations But Stock Drops