NXP Semiconductors NV (NASDAQ:NXPI) delivered a stronger-than-expected fourth-quarter performance, with earnings and revenue slightly exceeding analyst projections, but provided a weaker-than-anticipated first-quarter forecast.

For Q4, the Dutch semiconductor company reported earnings per share of $3.18, edging past the $3.14 consensus estimate. Revenue declined 9% year-over-year to $3.11 billion, but still managed to surpass Wall Street’s $3.1 billion projection.

Looking ahead, NXP’s first-quarter 2025 guidance fell short of market expectations. The company anticipates earnings per share between $2.29 and $2.79, below the $2.69 analyst consensus. Revenue projections range between $2.725 billion and $2.925 billion, trailing expectations of $2.92 billion at the midpoint.

Despite the soft outlook, CEO Kurt Sievers highlighted the company’s resilience in a difficult market, citing strong execution, stable gross margins, and healthy free cash flow generation as key strengths throughout 2024.