Investing.com - NXP (NASDAQ:NXPI) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NXP announced earnings per share of $1.42 on revenue of $2.60B. Analysts polled by Investing.com anticipated EPS of $2.31 on revenue of $2.58B.
NXP shares are up 31.51% from the beginning of the year and are trading at $210.01 , down-from-52-week-high.They are outperforming the Nasdaq which is up 13.91% from the start of the year.
NXP shares gained 0.43% in after-hours trade following the report.
NXP follows other major Technology sector earnings this month
NXP's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Snap had beat expectations on Thursday, July 22, 2021 with second quarter EPS of $-0.1 on revenue of $982.11M, compared to forecast for EPS of $-0.1814 on revenue of $845.61M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar