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IT

NXP underlying revenue falls 8% in Q2, meets guidance

Thursday 28 July 2016 | 12:24 CET | News
NXP Semiconductors reported sales growth of 57 percent for second-quarter 2016 at USD 2.37 billion but on a comparable basis, revenues were down 8 percent. The company said these were USD 20 million above the mid-point of its guidance for the quarter but repeated its warning given three months ago that while headwinds were subsiding, demand remained subdued.

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Categories: IT
Companies: NXP Semiconductors / SIS
Countries: World
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