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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 $2.48 on revenue of $3.14B. Analysts polled by Investing.com EPS of $3.19 on revenue of $3.1B.
NXP 's are up 58% and is trading at $179.50 , still down 26.22% from its 52 week high of $239.91 set on Tuesday, December 7, 2021.
NXP shares gained 1.41% to trade at $179.50 in after-hours trade the report.
NXP follows other major Information Technology sector earnings this month
NXP's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.52 on revenue of $97.28B, EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on Tuesday, April 26, 2022 with third quarter EPS of $2.22 on revenue of $49.36B, for EPS of $2.19 on revenue of $49.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar