Latest news with #Eindhoven
Yahoo
a day ago
- Business
- Yahoo
NXP Semiconductors (NASDAQ:NXPI) Posts Better-Than-Expected Sales In Q2, Provides Encouraging Quarterly Revenue Guidance
Chip manufacturer NXP Semiconductors (NASDAQ: NXPI) reported Q2 CY2025 results topping the market's revenue expectations , but sales fell by 6.4% year on year to $2.93 billion. Guidance for next quarter's revenue was optimistic at $3.15 billion at the midpoint, 2.2% above analysts' estimates. Its non-GAAP profit of $2.72 per share was 2.3% above analysts' consensus estimates. Is now the time to buy NXP Semiconductors? Find out in our full research report. NXP Semiconductors (NXPI) Q2 CY2025 Highlights: Revenue: $2.93 billion vs analyst estimates of $2.9 billion (6.4% year-on-year decline, 0.8% beat) Adjusted EPS: $2.72 vs analyst estimates of $2.66 (2.3% beat) Revenue Guidance for Q3 CY2025 is $3.15 billion at the midpoint, above analyst estimates of $3.08 billion Adjusted EPS guidance for Q3 CY2025 is $3.10 at the midpoint, above analyst estimates of $3.04 Operating Margin: 23.5%, down from 28.7% in the same quarter last year Free Cash Flow Margin: 23.8%, up from 18.4% in the same quarter last year Inventory Days Outstanding: 158, down from 168 in the previous quarter Market Capitalization: $57.07 billion EINDHOVEN, The Netherlands, July 21, 2025 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter, which ended June 29, 2025. 'NXP delivered quarterly revenue of $2.93 billion, above the midpoint of our guidance, with all our focus end-markets performing above expectations. Our guidance for the third quarter reflects the combination of an emerging cyclical improvement in NXP's core end markets as well as the performance of our company specific growth drivers. We continue to drive solid profitability and earnings, by strengthening our competitive portfolio and by aligning our wafer fabrication footprint consistent with our hybrid manufacturing strategy,' said Kurt Sievers, NXP Chief Executive Officer. Company Overview Spun off from Dutch electronics giant Philips in 2006, NXP Semiconductors (NASDAQ: NXPI) is a designer and manufacturer of chips used in autos, industrial manufacturing, mobile devices, and communications infrastructure. Revenue Growth A company's long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Thankfully, NXP Semiconductors's 7.6% annualized revenue growth over the last five years was decent. Its growth was slightly above the average semiconductor company and shows its offerings resonate with customers. Semiconductors are a cyclical industry, and long-term investors should be prepared for periods of high growth followed by periods of revenue contractions. Long-term growth is the most important, but short-term results matter for semiconductors because the rapid pace of technological innovation (Moore's Law) could make yesterday's hit product obsolete today. NXP Semiconductors's recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 4.1% over the last two years. This quarter, NXP Semiconductors's revenue fell by 6.4% year on year to $2.93 billion but beat Wall Street's estimates by 0.8%. Despite the beat, the drop in sales could mean that the current downcycle is deepening. Company management is currently guiding for a 3.1% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 3.3% over the next 12 months. While this projection suggests its newer products and services will spur better top-line performance, it is still below the sector average. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Product Demand & Outstanding Inventory Days Inventory Outstanding (DIO) is an important metric for chipmakers, as it reflects a business' capital intensity and the cyclical nature of semiconductor supply and demand. In a tight supply environment, inventories tend to be stable, allowing chipmakers to exert pricing power. Steadily increasing DIO can be a warning sign that demand is weak, and if inventories continue to rise, the company may have to downsize production. This quarter, NXP Semiconductors's DIO came in at 158, which is 41 days above its five-year average. These numbers suggest that despite the recent decrease, the company's inventory levels are higher than what we've seen in the past. Key Takeaways from NXP Semiconductors's Q2 Results It was great to see a material improvement in NXP Semiconductors's inventory levels. We were also glad its revenue guidance for next quarter exceeded Wall Street's estimates. Revenues and operating margin was down year-on-year, but overall, this print had some key positives. Investors were likely hoping for more, and shares traded down 4.8% to $217.49 immediately following the results. So should you invest in NXP Semiconductors right now? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. 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
Yahoo
3 days ago
- Science
- Yahoo
DIY plastic recycling made easy: How a global community is fighting plastic pollution
It all started in 2014 when Dave Hakkens, then a student at the Eindhoven Design Academy, released his design for a plastic recycling machine to the world for free. The aim was to make plastic recycling available to local communities at scale by lowering the technological threshold for success with easily replicable and repairable machines. That year, three people independently replicated Hakkens' machine. Within a short time, the Precious Plastic project was born. 'Teach a man to fish' Everything the project makes - from machines, tutorials and tools to product designs - is shared freely online under open-source licenses, enabling anyone, anywhere, to start a plastic recycling project. Machines can also be purchased and shipped globally, or, for the DIY-savvy, replicated, repaired and improved upon with off-the-shelf materials. Four iterations of the original machines later, Precious Plastic is now a global community of more than 2000 registered plastic recycling initiatives across 56 countries. Community members not only tweak and improve upon the machines, but are also setting up business and infrastructure for plastic recycling while raising awareness locally. 'At the end of the day, what we wanted was more plastic recycling,' says Jerry de Voos, who joined Precious Plastic in 2017 while on a gap year between his Bachelor's and Master's in Industrial Design to help develop version three of the machines. 'Often, we had an idea from what others had done or what we thought the community would benefit from,' explains de Voos. 'Then we'd seek funding and when we were happy with the results, we would share them online.' Related 'We don't want to be a niche brand': Seaweed is taking plastic out of stadiums and sandwich boxes Plastic waste remains an intractable problem By 2050, 99 per cent of all birds will have eaten plastic. Plastic waste remains one of the biggest environmental issues facing the planet. It's estimated that less than 9 per cent of all plastic is recycled, with the rest ending up in landfills, nature or the ocean. The consequences are particularly felt by wildlife and vulnerable ecosystems, with the actual impact of issues like microplastics only recently becoming evident. For the first time in 2025, an Italian study found microplastics in several women's ovaries, raising concerns over their impact on fertility rates. Though the technology for plastic recycling is out there, the expansion of the recycling industry remains stagnant. More often than not, recycled plastics rely on infrastructure that remains immature or non-existent in many countries. Virgin plastics manufacturing also remains significantly cheaper than high-quality recycling. Add to this an increase in energy and labour costs, and what you're left with is a recycling sector under pressure, with investors unwilling to bet on the growth of the sector as it is. But rather than wait for the established market players to turn plastic recycling into a viable business proposition, Precious Plastic decided to lower the threshold for new players to enter the game. 'Precious Plastic was one of the first projects where you could have small, personal solutions to bigger challenges and thereby make people feel like they could contribute to solving the issue,' explains de Voos. It has also shared best-practice business tools for those wanting to make a living out of plastic recycling. As a result, several startups and businesses around the world are scaling plastic recycling at the local level. In Singapore, Plastify has kickstarted a PET-bottle collection scheme and collaborates with hospitals to turn medical packaging waste into products, including official merchandise for the F1 Grand Prix. In Turin, Italy, Plastiz turns everything from old traffic lights to coffee pods into sheets for architecture and interior design projects. And amidst war, No Waste Ukraine is 'trying to make waste sorting a cultural norm and to replace the old Soviet-era shame, when recycling was seen as a sign of poverty, with a new sense of pride and identity,' says project lead, Khrystyna Baranovska. Since opening a Precious Plastic workshop, No Waste Ukraine has been able to manifest café furniture, notebook covers and branded gifts made from recycled plastic. Related Nappies, smartphone glass, and cigarette butts are piling up in Europe. How can we recycle them? Plastic recycling requires long-term, multi-stakeholder commitment While donations and occasional funding have supplied materials, workspace and sustenance for the community, Precious Plastic owes much of its success to volunteer work. The reliance on altruism is both the key to its success and the fragile pillar of its foundation. When de Voos was active, 'we were 12 people volunteering almost daily for free,' he says. 'But at some point, people have to pay the rent.' When a new version has been released, the project dies down, with version five currently on hold due to financial trouble. De Voos is not worried, though. 'The machines are out there and they are as relevant now as back then,' he says. Anyone can pick up where Precious Plastic left off. Though Precious Plastic's global community has moved plastic recycling significantly closer to the finish line, 'it would be great if there was greater appreciation for people working in the recycling industry, and if the government would share the responsibility and back local initiatives,' he adds. . Related People are paid to return coffee cups in this Danish city - does it work? 'I love the idea of it': Locals fix their broken items for free at this repair cafe Recycling is only as good as the plastic produced Circularity in plastic requires change from start to finish. Even with hyperlocal efforts and open-source technologies, at current production rates, recycling efforts simply can't catch up with virgin plastics. Around 460 million metric tonnes of plastic are produced every year, according to the United Nations Environment Programme, of which most of it is designed in a way that makes 1:1 recycling difficult, if not impossible Alternatives are on the rise, however, from Notpla's edible packaging in the UK to a Japanese alternative that dissolves safely in sea water. There are numerous examples challenging the notion that virgin plastics everywhere are a must. What's left to be seen is whether global leaders can get behind a plastic treaty this August that will finally see the plastic industry shift towards more circular designs and production. If so, plastic recycling at scale could become a thing. If not via big industry players, then evidently via grassroots initiatives like Precious Plastic.
Yahoo
6 days ago
- Sport
- Yahoo
PSV will not take Bakayoko and De Jong to German training camp
Johan Bakayoko will not be travelling with PSV to the training camp in Germany due to transfer speculation. Luuk de Jong will also be absent. Several clubs have approached PSV for Bakayoko, who still has one year of his contract remaining in Eindhoven. The winger is highly sought after and is expected to earn at least 20 million euros. Bayer Leverkusen, RB Leipzig, Nottingham Forest, and Bournemouth, among others, are all eyeing Bakayoko. German sources reported last weekend that Leverkusen are the best candidate to acquire Bakayoko, but Erik ten Hag's new employer are in danger of being outmanoeuvred by RB Leipzig. With Ezechiel Banzuzi, Lutsharel Geertruida, and Xavi Simons, three former Eredivisie talents are already under contract with Die Roten Bullen. Besides Bakayoko, Luuk de Jong is also absent from PSV's Marienfeld six-day training camp. The club icon showed up at De Herdgang last week and trained individually. It remains unclear whether De Jong, who has been a free agent since July 1st, will commit his future to PSV or embark on a foreign adventure. GBeNeFN | Max Bradfield
Yahoo
7 days ago
- Sport
- Yahoo
Joël Drommel joins Sparta Rotterdam on loan from PSV
Joël Drommel has finalised his loan transfer from PSV to Sparta Rotterdam, the two Eredivisie clubs have confirmed. Drommel arrives at Het Kasteel as the successor to Nick Olij, who took the opposite route earlier this summer. The 28-year-old goalkeeper from Bussum will have to compete with Filip Bednarek. Sparta were also linked with Jasper Schendelaar, but the PEC Zwolle goalkeeper proved too expensive. Advertisement To prevent Drommel from leaving on a free transfer after his loan spell at Sparta, PSV are extending his expiring contract until the summer of 2027. He transferred from FC Twente to PSV four years ago for a hefty €3.5 million and played 66 matches in Eindhoven. In the 2022-23 season, Drommel experienced his biggest highlight at PSV, saving the decisive penalty in the cup final against Ajax. Sparta director Gerard Nijkamp indicated that Drommel's transfer was also necessary for the goalkeeper himself. 'He wants to become the first-choice goalkeeper at an Eredivisie club again, something PSV couldn't offer him. 'With us, Joël can prove in pre-season why he's ready to become Sparta's first-choice goalkeeper. We're very happy with Joël's arrival, as we've been looking for good replacements for Olij this summer.' GBeNeFN | Max Bradfield
Yahoo
7 days ago
- Sport
- Yahoo
Killiann Sildillia becomes PSV's fifth summer signing
PSV have acquired Kiliann Sildillia (23) from SC Freiburg. The right-back joins the Eindhoven club with 82 Bundesliga and 16 Europa League appearances to his name. He has signed a five-year contract until the summer of 2030. Sildillia arrives to bolster PSV's backline after the departures of Olivier Boscagli, Rick Karsdorp, and Tyrell Malacia. Yarek Gasiorowski has also joined from Valencia. Advertisement Sildillia, a French youth international who played five matches at the 2024 Paris Olympics, reported to PSV's training camp in Germany on Tuesday night. He is PSV's fifth summer signing, following the aforementioned Gasiorowski, Ruben van Bommel, Nick Olij, and Matej Kovar, while striker Alassane Pléa is well on his way to becoming their sixth. According to sources, PSV are paying just under six million euros for the right-back, who can also play in central defence. Sildillia was born in Metz and brought up at the club; he has played in Germany since 2020. He will wear number 25 at PSV. 'For me, this is the perfect next step in my career,' the newly signed player said on the club website. 'PSV has a very rich history, and I'm looking forward to competing for trophies here.' GBeNeFN | Max Bradfield
