Recap: NXP Semiconductors Q2 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of NXP Semiconductors (NASDAQ:NXPI) moved lower by 2.74% in after-market trading after the company reported Q2 results.

Quarterly Results

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Earnings per share fell 52.36% over the past year to $0.91, which beat the estimate of $0.85.

Revenue of $1,817,000,000 decreased by 18.04% from the same period last year, which beat the estimate of $1,800,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.


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Q3 revenue expected between $1,900,000,000 and $2,100,000,000.

Technicals

52-week high: $139.59

52-week low: $58.41

Price action over last quarter: Up 19.27%

Company Description

NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: Earnings