By Dean Seal
NXP Semiconductors said it expects revenue and earnings to continue to decline in the second quarter after a weak start to the year. Chief Executive Kurt Sievers said the Netherlands semiconductor company is operating in an uncertain environment due to President Trump's tariff war. Shares fell 7%, to $182.40, in after-market trading.
Noble reported $874 million in revenue for the first quarter, up from $637 million in the same quarter a year earlier and above analyst projections for $864.1 million, according to FactSet. Chief Executive Robert Eifler said the company has booked more than 15 rig years worth of new contract awards over the past several weeks. Shares rose 10%, to $23.10, after market close.
Sanmina logged $1.98 billion in revenue for its fiscal second quarter, which ended March 29, missing analyst projections for $2.05 billion. Adjusted earnings of $1.41 a share were below analyst estimates for $1.52 a share. The company also provided guidance for adjusted earnings of $1.35 to $1.45 a share in the current quarter, below current forecasts for $1.53 a share. The stock dropped 7%, to $75.02, after hours.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
April 28, 2025 19:42 ET (23:42 GMT)
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