NXP’s Q3 results beat the consensus, driven by Automotive and Mobile end-market recoveries as well as new product launches. The impact on profitability has been stronger than expected boding well for Q4 as NXP foresees continuing improvement across its core end-markets, leading to a Q4 upbeat on consensus.
27 Oct 2020
Q3 20: strong consensus beat and positive outlook for Q4
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Q3 20: strong consensus beat and positive outlook for Q4
NXP Semiconductors NV (NXPI:NAS) | 0 0 0.0%
- Published:
27 Oct 2020 -
Author:
Hugo Paternoster -
Pages:
3
NXP’s Q3 results beat the consensus, driven by Automotive and Mobile end-market recoveries as well as new product launches. The impact on profitability has been stronger than expected boding well for Q4 as NXP foresees continuing improvement across its core end-markets, leading to a Q4 upbeat on consensus.