
"Performance" NXP Semiconductors' revenue last quarter slightly exceeded expectations, expects demand recovery
Automotive chip supplier NXP Semiconductors (NXPI.US) announced that its sales in the third quarter were $3.17 billion, slightly above market expectations; adjusted earnings per share were $3.11. The company expects fourth-quarter sales to reach between $3.2 billion and $3.4 billion.
The company stated that the outlook reflects the strength of specific growth drivers and signs of cyclical recovery

