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BTCC / BTCC Square / Global Cryptocurrency /
NXP Semiconductors Stock Plummets 8% After Disappointing Q1 2025 Sales Report

NXP Semiconductors Stock Plummets 8% After Disappointing Q1 2025 Sales Report

Author:
Global Cryptocurrency
Published:
2025-04-28 22:02:02
4
1

NXP Semiconductors faced a sharp 8% decline in its stock price following the release of its Q1 2025 earnings report. Revenue dropped 9.3% year-on-year to $2.84 billion, narrowly surpassing analyst expectations but failing to reassure investors. Non-GAAP earnings per share of $2.64 also exceeded estimates, yet concerns over sustained sales contraction triggered a selloff in after-hours trading.

Leadership uncertainty compounded investor anxiety as CEO Kurt Sievers announced plans to retire by the end of 2025. The company’s Q2 revenue guidance of approximately $2.9 billion offers little solace amid macroeconomic headwinds and intensifying competition in the semiconductor space.

|Square

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