Updated
Updated · MarketWatch · Apr 28
NXP Semiconductors doubles Q1 profit and beats revenue expectations
Updated
Updated · MarketWatch · Apr 28

NXP Semiconductors doubles Q1 profit and beats revenue expectations

9 articles · Updated · MarketWatch · Apr 28
  • The Dutch chipmaker reported Q1 profit of $1.12 billion and revenue of $3.18 billion, both surpassing analyst forecasts, with shares rising 12% in after-hours trading.
  • Adjusted earnings reached $3.05 per share, and NXP projects Q2 revenue of $3.35–$3.55 billion, again above analyst estimates, reflecting strong momentum in industrial and automotive processing.
  • This performance signals recovery from previous auto industry challenges, driven by customer adoption of NXP's portfolio supporting software-defined vehicles and physical AI, with shares up 6.1% year-to-date.
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