NXP’s Q3 net income up 19% y/y to USD108 million
Company’s acquisition by Qualcomm may slip to 2018
NXP Semiconductors has reported 19% year-over-year (y/y) increase in net income for the third quarter ended 1 October 2017, the company said in a press release. The Netherlands-based company recorded strong growth in net income despite witnessing 3% y/y drop in revenue to USD2.38 billion. The company’s operating income fell 6% y/y to USD163 million.
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