33 billion yuan shortfall in expectations! NXP (NXPI.US) Q3 outlook disappoints, prompting investors to sell.

According to the financial news app, Dutch chip manufacturer NXP (NXPI.US) latest third-quarter revenue outlook failed to meet some investors' optimistic expectations, leading to a drop in its stock price in after-hours trading. The announcement released on Monday showed that the company expects quarterly revenue to be in the range of 30.5 billion to 32.5 billion US dollars. Although the midpoint of this forecast is slightly higher than the Wall Street average expectation, compiled data shows that some analysts had previously predicted that its revenue would exceed 33 billion US dollars.