Texas Instruments IncorporatedRevenue of $4.83B beat estimates by 6.6% and grew 18.6% YoY, the strongest performance.
NXP Semiconductors reported first-quarter revenue of $3.18 billion, up 12.2% year on year, exceeding analyst expectations by 0.8%. The company also provided next-quarter revenue guidance above estimates and beat earnings per share forecasts. Among the 15 analog semiconductor stocks tracked, the group overall beat revenue consensus by 1.5% and guided 5.7% above estimates for the next quarter. Texas Instruments posted the strongest performance with revenue of $4.83 billion, up 18.6% year on year and beating estimates by 6.6%, while Universal Display had the weakest results with revenue of $142.2 million, down 14.5% and missing estimates by 11%. Skyworks Solutions reported flat revenue of $943.7 million, beating estimates by 4.6%, and Impinj also reported flat revenue of $74.25 million, topping estimates by 2.4%.
Texas Instruments IncorporatedRevenue of $4.83B beat estimates by 6.6% and grew 18.6% YoY, the strongest performance.
Skyworks Solutions IncRevenue beat estimates by 4.6%, though flat YoY.
NXP Semiconductors NVRevenue of $3.18B beat estimates by 0.8%, grew 12.2% YoY, and next-quarter guidance above estimates.
Universal DisplayRevenue down 14.5% and missed estimates by 11%, indicating weak demand for its products.
Impinj IncRevenue topped estimates by 2.4%, though flat YoY.