logo
NXP: Q1 Earnings Snapshot

NXP: Q1 Earnings Snapshot

Washington Post28-04-2025

EINDHOVEN, Netherlands — EINDHOVEN, Netherlands — NXP Semiconductors NV (NXPI) on Monday reported first-quarter net income of $490 million.
On a per-share basis, the Eindhoven, Netherlands-based company said it had profit of $1.92. Earnings, adjusted for one-time gains and costs, were $2.64 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada's WSP Global to acquire UK's Ricardo for $490 million
Canada's WSP Global to acquire UK's Ricardo for $490 million

Yahoo

time30 minutes ago

  • Yahoo

Canada's WSP Global to acquire UK's Ricardo for $490 million

(Reuters) -Canada-based WSP Global said on Wednesday that it would acquire British environmental and engineering consulting firm Ricardo for about 363.1 million pounds ($489.6 million) including debt. Under the deal, Ricardo shareholders will receive 430 pence in cash per share, a 28.4% premium to its closing price on June 10. The British company had been under pressure from rival and investor Science Group , who had been pushing for a sale or breakup of Ricardo amid calls to oust Chairman Mark Clare and other directors, citing underperformance and structural inefficiencies. Science Group, Ricardo's second-largest investor with a 21.76% stake according to LSEG data, said on Wednesday it would sell a 20% stake to WSP for about 53.5 million pounds. ($1 = 0.7417 pounds) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Qantas shutters Jetstar Asia, blaming costs and competition
Qantas shutters Jetstar Asia, blaming costs and competition

Yahoo

time35 minutes ago

  • Yahoo

Qantas shutters Jetstar Asia, blaming costs and competition

STORY: Australia's Qantas is shutting down its Singapore-based budget airline, Jetstar Asia. That will mean up to 500 job losses, and see the carrier's fleet of Airbus jets redeployed to Australia and New Zealand. Qantas said Wednesday that rising costs and mounting competition had driven the move. Since the end of the pandemic, budget rivals like AirAsia and Scoot have ramped up services. That has driven competition up, and airfares down. Jetstar Group Chief Executive Stephanie Tully says Singapore's Changi Airport has also become a very expensive place to run an airline. It's been steadily raising charges to pay for investment. Tully says costs there have soared for fuel, airport fees, ground handling and security. She said Jetstar Asia had only been profitable in six of its 20 years, and was on track for another deficit this year. Now the airline will be shuttered at the end of July, with customers offered refunds or rebooking on other carriers where possible. The shutdown does not affect Qantas's other budget units - Jetstar Airways and Jetstar Japan. Shares in Qantas were down around 1.5% in afternoon trade following Wednesday's news. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

King Charles' shoemaker awarded royal warrant
King Charles' shoemaker awarded royal warrant

Yahoo

timean hour ago

  • Yahoo

King Charles' shoemaker awarded royal warrant

A Northamptonshire-based shoemaker which made the shoes King Charles III wore at his Coronation has received a royal warrant. Gaziano and Girling, based in Kettering, also provided a number of bespoke shoes to the King, who made an official visit to the firm's factory in 2019. The warrants were granted as a mark of recognition to people or companies who have regularly supplied goods or services to the royal household. Dean Girling, who founded the business with Tony Gaziano, said it was "an honour" to be able to display the royal crest on its products. Shoemaking has been taking place in Northamptonshire for hundreds of years, but Gaziano and Girling was founded in a garage in 2006. It specialised in bespoke shoes, which can range in price from £2,500 up to £20,000 a pair, with its products particularly popular with customers in the United States and Asia. The company said each pair of shoes it made involved 96 hours of labour to create, with the King's shoes for his 2023 Coronation costing about £3,500. According to the royal family, there were currently more than 800 royal warrant holders. Mr Girling said the King had been "very interested" in how shoes were made during his 2019 visit and displayed a real interest in "keeping the craft alive". He said: "You have to be seen to be offering a product for five years before you can apply for it [a royal warrant]. Now we're able to put the full crest up and put it on our product stationery. "We're still relatively new kids on the block. People said we were crazy for setting up our business in 2006, but here we are, and we're still going strong." Chelise Porter, an assistant supervisor who has been with the firm for 11 years, said: "We're all really proud about it [the royal warrant]. "Just to be recognised in this way is an honour really. We all work really hard to make the best shoes that we can." Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X. 'Amazing' to make shoes for King's 'delicate' feet Gaziano & Girling

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store