The autos industry is weak, nxp semiconductors' Q3 revenue forecast is not optimistic, and the stock fell more than 8% after-market. | Financial report observations

In the second quarter, NXP Semiconductors' revenue decreased by more than 5% year-on-year as expected, with auto business revenue dropping by more than 7%. The revenue guidance for the third quarter is lower than expected, with a maximum possible decline of more than 8%, accelerating from the second quarter.

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NXP Semiconductors Q2 Non-GAAP Earnings, Revenue Decline; Shares Slump After Hours

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Express News | Corrected-NXP Semiconductors Q2 EPS USD 2.54 (Corrects Amount)

Reuters16:37 ET

Earnings Summary: NXP Semiconductors Q2 EPS In-line; Current Quarter Forecast Below Estimates

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