NXP Semiconductors tops Q2 forecasts with sales up 43%

Tuesday 3 August 2021 | 09:37 CET | News
NXP Semiconductors reported second-quarter revenues up 43 percent year-on-year to USD 2.6 billion. The growth was at the high end of its forecast and the company said it expects the robust demand to continue in the rest of the year and into 2022. The gross margin improved to 54.8 percent from 47.3 percent a year earlier, better than expected, and adjusted operating profit more than doubled, to USD 830 million from USD 376 million a year ago.  

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Categories: General
Companies: NXP Semiconductors
Countries: World
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