NXP Shares Fall 8% as Revenue Outlook Comes in Below Estimates
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Before U.S. trading opened Wednesday, Oct. 28, NXP Semiconductors shares dropped 8% after quarterly results topped analyst expectations while the company’s current-quarter revenue outlook came in slightly lower. The update paired a quarterly beat with a softer near-term revenue forecast. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
