Benzinga | Feb 1, 2021 04:38PM EST

Recap: NXP Semiconductors Q4 Earnings

Shares of NXP Semiconductors (NASDAQ:NXPI) moved lower by 2.55% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 12.12% year over year to $2.22, which beat the estimate of $2.10.

Revenue of $2,507,000,000 up by 8.95% from the same period last year, which beat the estimate of $2,460,000,000.

Outlook

NXP Semiconductors hasn't issued any earnings guidance for the time being.

Q1 revenue expected to be between $2,475,000,000 and $2,625,000,000.

Price Action

Company's 52-week high was at $182.55

52-week low: $58.41

Price action over last quarter: Up 25.72%

Company Description

NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.