NXP Semiconductors N.V. (NXPI) CEO Rick Clemmer on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-04-30 Earnings Summary

EPS of $1.66 beats by $0.11
 | Revenue of $2.09B (-7.71% Y/Y) beats by $3.06M

NXP Semiconductors N.V. (NASDAQ:NXPI) Q1 2019 Results Earnings Conference Call April 30, 2019 8:00 AM ET

Company Participants

Jeff Palmer - VP, IR
Rick Clemmer - CEO
Kurt Sievers - President
Peter Kelly - CFO

Conference Call Participants

John Pitzer - Credit Suisse
William Stein - SunTrust
Stacy Rasgon - Bernstein Research
Vivek Arya - Bank of America Merrill Lynch
Ross Seymore - Deutsche Bank
Blayne Curtis - Barclays
Craig Hettenbach - Morgan Stanley
C.J. Muse - Evercore
Matt Ramsay - Cohen
Toshiya Hari - Goldman Sachs
Harlan Sur - JPMorgan

Operator

Good day, ladies and gentlemen, and welcome to the Q1 2019 NXP Semiconductors Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to introduce your host for today’s conference Mr. Jeff Palmer, Vice President of Investor Relations. Sir, you may begin.

Jeff Palmer

Thanks, Meteras, and good morning everyone. Welcome to the NXP Semiconductors first quarter 2019 earnings call. With me on the call today is Rick Clemmer, NXP's CEO; Kurt Sievers, NXP's President; and Peter Kelly, our CFO.

If you've not obtained a copy of our earnings press release, it can be found at our company website under the Investor Relations section at nxp.com. This call is being recorded and will be available for replay from our corporate website.

Our call today will include forward-looking statements that involve risks and uncertainties that could cause NXP's results to differ materially from management's current expectations. These risks and uncertainties include, but are not limited to, statements regarding the macroeconomic impact on the specific end markets in which we operate, the sale of new and existing products, and our expectations for financial results

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