Market Overview

UPDATE: Freescale Posts Narrower-Than-Expected Q4 Loss

Share:
Related FSL
Benzinga's M&A Chatter for Wednesday March 4, 2015
Pacific Crest Raises NXP Semiconductors Price Target As FSL Acquisition Provides 'Synergies and Long-Term Sustainability'

Freescale Semiconductor (NYSE: FSL) posted a loss in the fourth quarter loss.

Freescale posted a quarterly loss of $35 million, or $0.14 per share, versus a year-ago loss of $6 million, or $0.02 per share.

Its revenue fell to $957 million from $1.01 billion. On an adjusted basis, it lost $0.15 per share. However, analysts expected a loss of $0.17 per share on revenue of $940.43 million

Freescale shares rose 0.08% to $12.40 in after-hours trading.

Posted-In: lossEarnings News

 

Related Articles (FSL)

Around the Web, We're Loving...