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NXP Semiconductors Plunges 6.03% on Revenue Decline
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 22, 2025 5:53 am ET1min read
Aime SummaryOn July 22, 2025, NXP Semiconductors' stock price dropped by 6.03% in pre-market trading.
NXP Semiconductors reported a decline in its second-quarter revenue, which fell by 6% to $2.93 billion. This decrease was primarily driven by weakness in the communications and infrastructure segment. Despite this, the company's adjusted earnings of $2.72 per share exceeded analysts' estimates of $2.68 per share.
Looking ahead,
expects its revenue to continue declining in the third quarter, although at a slower pace. The company has guided for adjusted per-share profit in the range of $2.89 to $3.30 and revenue of $3.05 billion to $3.25 billion for the third quarter. This forecast, however, failed to impress investors, leading to the stock's decline.
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