NXP reports Q1 revenue up 12% YoY to $3.18B, vs. $3.15B est., and forecasts Q2 revenue above estimates; NXPI jumps 13%+ after hours

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TLDR

  • NXP Semiconductors beat Q1 revenue estimates and issued an above-consensus Q2 forecast, sending shares up 13%+ after hours.

Key Facts

  • Q1 revenue came in at $3.18B, up 12% year over year, beating the $3.15B analyst estimate.
  • NXP forecast Q2 revenue above analyst estimates.
  • Shares jumped more than 13% in after-hours trading following the report.

Why It Matters

  • The results signal NXP may be recovering from a prolonged auto industry slump that weighed on chipmakers.
  • An above-estimate Q2 forecast suggests tariff-related demand uncertainty has not yet derailed near-term results.

Christina Kyriasoglou / Bloomberg · 2026-04-28 · Read the original

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