NXP Semiconductors Q2 Earnings: Revenue, EPS Beat Estimates, Company Highlights 'Emerging Cyclical Improvement' In Core End Markets

NXP Semiconductors N.V. (NASDAQ:NXPI) reported second-quarter financial results after the market close on Monday. Here’s a rundown of the report.

Q2 Earnings: NXP reported second-quarter revenue of $2.93 billion, beating analyst estimates of $2.90 billion, according to Benzinga Pro. The chipmaker reported second-quarter adjusted earnings of $2.72 per share, beating analyst estimates of $2.67 per share.

Total revenue was down 6% year-over-year. NXP generated $779 million in cash flow from operations and $696 million of free cash flow in the quarter.

NXP said it returned ...