Friday, April 27, 2012

Stock Alert - NXP Semiconductors (NXPI +5.4%) Q1 report for Q2 revenue of $1.05B (+8% Q/Q) and EPS of $0.40,- 4/27/12

NXP Semiconductors (NXPI +5.4%) becomes the latest chipmaker to rally post-earnings after the company guides in its Q1 report for Q2 revenue of $1.05B (+8% Q/Q) and EPS of $0.40, above a consensus of $1B and $0.34. Jefferies (Buy) notes NXP's high-performance mixed-signal chip (HPMS) business, which makes up 80% of sales, outgrew its peers.

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