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General

NXP Semiconductors forecasts Q2 operating loss on further fall in revenues

Tuesday 28 April 2020 | 09:04 CET | News
NXP Semiconductors reported first-quarter results down in line with its profit warning earlier this month and said it expects an even sharper decline in second-quarter figures. After a 3.5 percent fall in first-quarter revenues to USD 2.02 billion, NXP forecast second-quarter sales down around 20 percent year-on-year to USD 1.8 billion and an operating loss for the period.

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Categories: General
Companies: NXP Semiconductors
Countries: World
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