0
General

NXP guides for much higher operating profit in Q4

Tuesday 27 October 2020 | 10:42 CET | News
NXP Semiconductors confirmed its better-than expected preliminary results for the third quarter, and provided an outlook for the fourth quarter, seeing lower revenues on a sequential basis but higher figures elsewhere. For Q4, the company is guiding for revenues of USD 2.375-2.525 billion, a gross profit margin of 50.9-51.6 percent, and an operating profit leaping to USD 425-499 million. The adjusted operating profit is seen reaching USD 692-766 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: NXP Semiconductors
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NXP powers Xiaomi smart home stickers with NFC tag

Published 29 Oct 2020 14:46 CET | China
Xiaomi launched the new Xiaomi PonPon Tile 2.0 stickers, powered by NXP's NTAG NFC chip technology. The PonPon stickers and ...

NEC picks NXP for massive MIMO 5G antenna radio for Rakuten deployment

Published 13 Oct 2020 11:31 CET | Japan
NEC has selected NXP Semiconductors to supply RF Airfast multi-chip modules to be used in a Massive MIMO 5G antenna Radio Unit ...

NXP reports better-than-expected Q3, unveils new 2x2 Wi-Fi 6+Bluetooth family of products

Published 09 Oct 2020 13:41 CET | World
NXP Semiconductors reported better-than expected results for the third quarter, lifted by better demand across all of the ...

NXP expects better Q3 after sharply lower Q2

Published 28 Jul 2020 09:38 CET | World
NXP Semiconductor, whose results were hit hard by the coronavirus pandemic in the first quarter, confirmed second quarter ...

NXP Semiconductor reports lower Q3 as expected, amid uncertain mid-term market

Published 29 Oct 2019 12:05 CET | World
NXP Semiconductors reported third quarter results at the high end and even beyond its guidance, and voted in August to raise its ...





Calendar   /   Industry Events

01 Dec 5G Italy
02 Dec FTTH Conference
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
09 Dec Comtech fiscal Q1
09 Dec Zayo fiscal Q3
10 Dec Ciena fiscal Q4
10 Dec Broadcom fiscal Q4
10 Dec Cisco AGM
::: More Calendar Items