NXP Semiconductors stock rallies 5% as results, outlook top Wall Street view

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NXP Semiconductors stock rallies 5% as results, outlook top Wall Street view
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NXP Semiconductors NV shares rose in the extended session Monday after the chip maker -- which gets more than half its sales from auto makers -- topped Wall...

NXP Semiconductors NV shares rose in the extended session Monday after the chip maker — which gets more than half its sales from auto makers — topped Wall Street estimates for the past quarter, and in its outlook for the current one.

NXP NXPI shares rose as much as 5% after hours, following a 1.4% rise to close the regular session at $166.01. The company is scheduled to hold its conference call with analysts at 8 a.m. Eastern. NXP reported first-quarter net income of $615 million, or $2.35 a share, with adjusted earnings of $834 million, or $3.19 a share.

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