NXP Semiconductors N.V. Bottom Line Declines 87% In Q4

(RTTNews) - NXP Semiconductors N.V. (NXPI) revealed earnings for fourth quarter that retreated from last year.

The company said its bottom line came in at $128 million, or $0.37 per share. This was down from $972 million, or $3.56 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 51.6% to $2.44 billion. This was up from $1.61 billion last year.

NXP Semiconductors N.V. earnings at a glance:

-Earnings (Q4): $128 Mln. vs. $972 Mln. last year. -Earnings Decline (Y-o-Y): -86.8% -EPS (Q4): $0.37 vs. $3.56 last year. -EPS Decline (Y-o-Y): -89.6% -Revenue (Q4): $2.44 Bln vs. $1.61 Bln last year. -Revenue Change (Y-o-Y): 51.6%