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General

NXP Semiconductors Q2 sales fall 3%, sees bigger drop in Q3

Tuesday 30 July 2019 | 09:04 CET | News
NXP Semiconductors reported second-quarter results in line with its guidance and said it has not seen much improvement in market conditions. The company's revenues fell 3 percent year-on-year to USD 2.2 billion in Q2, while the gross margin was up slightly to 51.9 percent. Operating profit improved 15 percent to USD 157 million thanks to cost savings. 

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Categories: General
Companies: NXP Semiconductors
Countries: World
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