NXP: Q1 Earnings Snapshot
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.
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