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Benzinga

Business

Anusuya Lahiri

Why This Analog Semiconductor Stock Is A Top Undervalued Pick

NXP Semiconductors NXP Semiconductor NXPI

Hamburg, - ,Germany,-,July,13,2017:,Nxp,Semiconductors,N.v.

Following its second-quarter results reported on Monday, NXP Semiconductors (NASDAQ:NXPI) has seen its outlook reassessed by Wall Street analysts.

The company announced second-quarter revenue of $2.93 billion, a 6% decrease year-over-year, yet still surpassing analyst estimates of $2.90 billion.

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