Investing.com - NXP reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NXP announced earnings per share of $-0.77 on revenue of $1.82B. Analysts polled by Investing.com EPS of $0.86 on revenue of $1.81B.
NXP 's are down 5.52% and is trading at $120.01 , still down 13.86% from its 52 week high of $139.59 set on Friday, February 14, 2020.
NXP shares lost 0.19% to trade at $120.01 in after-hours trade the report.
NXP follows other major Technology sector earnings this month
NXP's report follows an earnings beat by Microsoft on Wednesday, who reported EPS of $1.46 on revenue of $38.03B, EPS of $1.34 on revenue of $36.54B.
Taiwan Semiconductor had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $0.79 on revenue of $10.55B, for EPS of $0.72 on revenue of $10.38B.
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