Oct. 28 at 2:52 PM
$NXPI posts solid Q3 results, but what's behind the numbers? 📊
Earnings of
$3.11 per share matched estimates while revenue of
$3.17B slightly beat. Earnings show a year-over-year decline, raising questions. 📉 Automotive revenues up 0.4% YoY & Mobile revenues up 6% YoY, but Communication Infrastructure dives 27% YoY.
Discover the full insights here 👉 https://www.zacks.com/stock/news/2779177/nxp-semiconductors-q3-earnings-match-estimates-revenues-fall-yy?cid=sm-stocktwits-2-2779177-body-18021&ADID=SYND_STOCKTWITS_TWEET_2_2779177_BODY_18021