NXP Semiconductors' Q2 2024 earnings exceeded expectations due to strong revenue growth and solid financial performance, as indicated by the company's net income of $664 million, total revenue of $3.13 billion, and diluted EPS of $2.54, which were all above market expectations1. The company's return on equity (ROE) was recorded at 14.69%, reflecting efficient use of shareholders' equity to generate profits1.
NXPI Net Income YoY, Net Income
Moreover, the revenue surprise was positive at $7 million, and the EPS surprise was slightly negative at -$0.01, which did not significantly impact the overall positive earnings outcome2.
4/8/2025 07:11am
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