NXP Semiconductors Reports Third Quarter 2019 Results
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NXP Semiconductors NV (NXPI) PT Raised to $115 at Susquehanna
October 29, 2019 3:36 PM EDTSusquehanna analyst Christopher Rolland raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $115.00 (from $105.00) while maintaining a Neutral rating following results.
The analyst commented, "Management believes their end markets and channel drawdown have stabilized, with some product specific drivers expected to ramp in 2020."
... MoreNXP Semiconductors NV (NXPI) PT Raised to $135 at Raymond James
October 29, 2019 3:16 PM EDTRaymond James analyst Chris Caso raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $135.00 (from $115.00) while maintaining a Outperform rating.
... MoreNXP Semiconductors (NXPI) Reports Q3 Revenues Above Consensus; Offers In-Line Q4 Revenue Outlook
October 28, 2019 5:04 PM EDTNXP Semiconductors (NASDAQ: NXPI) reported Q3 EPS of $0.38, versus $0.14 reported last year. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.24 billion.
Key Highlights
Revenue was $2.3 billion, down 7 percent year-on-year;GAAP gross margin was 52.4 percent, and GAAP operating margin was 10.3 percent;Non-GAAP gross margin was 53.7... More