NXP Semiconductors N.V. has narrowed its guidance range for the third quarter of 2012. NXP currently anticipates that product revenue growth will be in a range of 8-to-10 percent sequentially. Additionally, total NXP revenue growth is expected to be in a range of approximately 6-to-8 percent.
The company further anticipates that non-GAAP EPS will be in a range $0.53-to-$0.59. No other changes to the previously provided guidance of July 24, 2012 are contemplated in this update.
NXP management will brief its update at its Analyst Day in New York City.
