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NXP Semiconductors N.V. (NXPI) Q4 2023 Earnings Call Transcript
The headline numbers for NXP (NXPI) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Angelo Zino, CFRA senior equity analyst, joins 'Closing Bell Overtime' to talk NXP earnings and the semiconductor space.
Chipmaker NXP Semiconductors forecast first-quarter profit above target and reported better-than-expected revenue for the last quarter on Monday, banking on a strong automotive market, a key consumer of its technology.
NXP Semiconductors' (NXPI) fourth-quarter results will likely reflect strength across Automotive and Industrial & IoT end markets. However, weakening demand in the Mobile segment may have been a concern.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for NXP (NXPI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
In the most recent trading session, NXP Semiconductors (NXPI) closed at $215.17, indicating a -1.06% shift from the previous trading day.
NXP (NXPI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NXP Semiconductors (NXPI) closed the most recent trading day at $221.69, moving -1% from the previous trading session.
NXP is a semiconductor manufacturer known for producing chips for automotive, industrial, mobile, communication, and IoT applications. NXP is attractively priced with a healthy balance sheet and consistent growth in free cash flow, making it a stable investment option. NXP is the top dog in the European automotive semiconductor industry and set to benefit from the EU chips act.