NXP Semiconductors N.V. (NASDAQ:NXPI) shares slipped in Monday's extended trading after the company released its fourth-quarter earnings report .
Here's a look at the key figures from the quarter.
The Details: NXP Semiconductors reported quarterly earnings of $3.35 per share, which beat the Street estimate of $3.29.
Quarterly revenue came in at $3.34 billion, which beat the consensus estimate of $3.31 billion and was up from $3.11 billion in the same period last year.
Non-GAAP gross margin was 57.4% and operating margin was 34.6% for the fourth quarter.
NXP completed the previously announced sale of its MEMS sensors business line for $900 million in cash on Tuesday, with up to an additional $50 million contingent upon the achievement of specified technical milestones.
Outlook: The company expects first quarter adjusted EPS of $2.77 to $3.17, versus the $2.90 analyst estimate, and revenue in a range of $3.05 billion to $3.25 billion.
NXPI Stock Price: According to data from Benzinga Pro, NXP Semiconductors stock fell 4.80% to $219.99 in Monday's extended trading.
Photo: Shutterstock
