NXP Semiconductors Report Q4 Miss & Disappointing Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/NXPI'>NXP Semiconductors (NASDAQ: NXPI)</a> reported its Q4 results, with EPS of $2.76 coming in significantly worse than the Street estimate of $3.64. Revenue was $3.31 billion, slightly lower than the Street estimate of $3.3 billion.</p>
<p>Auto (54% of total) was up 17% year-over-year, breaking its streak of nine consecutive quarters of growth. Auto has been resilient but not immune to the broader macro slowdowns.</p>
<p>Industrial & IoT (22% of total) was down 8% year-over-year, impacted by China COVID lockdowns in 2022. Comms (15% of total) was up 8% year-over-year, worse than expected 13% growth.</p>
<p>The company expects Q1/23 EPS to be in the range of $2.82-$3.22, compared to the Street estimate of $3.09. Q1 revenue is expected in the range of $2.9-3.1 billion, compared to the Street estimate of $3.17 billion, due to a weaker economy that impacted demand for chips in its internet of things and mobile sectors.</p>

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