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Investing.com - NXP reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NXP announced earnings per share of $2.53 on revenue of $3.31B. Analysts polled by Investing.com EPS of $3.39 on revenue of $3.27B.
NXP 's are down 23.55% and is trading at $175.90 , still down 27.42% from its 52 week high of $239.91 set on Tuesday, December 7, 2021.
NXP shares gained 1.02% to trade at $175.90 in after-hours trade the report.
NXP follows other major Information Technology sector earnings this month
NXP's report follows an earnings beat by Taiwan Semiconductor on Thursday, July 14, 2022, who reported EPS of $1.53 on revenue of $17.87B, EPS of $1.44 on revenue of $17.68B.
ASML ADR had beat expectations on Wednesday with second quarter EPS of $3.62 on revenue of $5.55B, for EPS of $3.61 on revenue of $5.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar