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Investing.com - NXP reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NXP announced earnings per share of $1.25 on revenue of $2.57B. Analysts polled by Investing.com EPS of $2.21 on revenue of $2.56B.
NXP 's are up 28.94% and is trading at $205.02 , still down 5.27% from its 52 week high of $216.43 set on Monday, April 5, 2021.
NXP follows other major Technology sector earnings this month
NXP's report follows an earnings beat by Taiwan Semiconductor on Wednesday, April 14, 2021, who reported EPS of $0.9497 on revenue of $12.77B, EPS of $0.9247 on revenue of $12.78B.
Intel had beat expectations on Thursday with first quarter EPS of $1.39 on revenue of $18.57B, for EPS of $1.15 on revenue of $17.79B.
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