Key TakeawaysTexas Instruments Inc. reported lower revenue and profit for the fourth quarter, attributed to soft demand for semiconductors from its industrial and automotive customers.The company's stock dropped more than 2% Wednesday its latest quarter earnings missed analyst estimates Tuesday.The analog chipmaker's decline contrasted with competitors in the semiconductor industry that are reporting surges in business tied to artificial intelligence (AI) development.Shares of analog chipmaker Texas Instrum ...

Texas Instruments (TXN) reported fourth-quarter 2023 earnings of $1.49 per share, surpassing the Zacks Consensus Estimate by 2.05%. Also, the figure was within the guided range of $1.35-$1.57.However, the figure declined 30% year over year and 19.5% sequentially.TXN reported revenues of $4.08 billion, which lagged the Zacks Consensus Estimate of $4.11 billion. The figure came within management’s guidance of $3.93-$4.27 billion.Revenues decreased 13% from the year-ago quarter’s level and 10% sequentially.The ...

DALLAS, Jan. 24, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its capital management review on Thursday, February 1, at 10 a.m. Central time. During the webcast, Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will share TI's strategy to maximize long-term growth of free cash flow per share. They will also review TI's 2023 performance against its stated capital management metrics and discu ...

About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...

Texas Instruments Incorporated (NASDAQ:TXN) Q4 2023 Earnings Conference Call January 23, 2024 4:30 PM ET Company Participants Dave Pahl - Head of Investor Relations Rafael Lizardi - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Timothy Arcuri - UBS Chris Danely - Citibank Tom O'Malley - Barclays Ross Seymore - Deutsche Bank Joe Moore - Morgan Stanley Harlan Sur - JP Morgan Joshua Buchalter - TD Cowen & Company CJ Muse - Cantor Fitzgerald Chris Caso - Wolfe Research Dave P ...

For the quarter ended December 2023, Texas Instruments (TXN) reported revenue of $4.08 billion, down 12.7% over the same period last year. EPS came in at $1.49, compared to $2.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.11 billion, representing a surprise of -0.89%. The company delivered an EPS surprise of +2.05%, with the consensus EPS estimate being $1.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Texas Instruments (TXN) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.05%. A quarter ago, it was expected that this chipmaker would post earnings of $1.81 per share when it actually produced earnings of $1.80, delivering a surprise of -0.55%.Over the last four quarters, the compan ...

Texas Instruments Inc. started chip earnings season with some cautious signals. The chip maker, which historically reports early in the earnings cycle and is seen as a semiconductor-industry bellwether, called out “increasing weakness across industrial and a sequential decline in automotive” as it came up shy with its forecast for the current quarter.Texas Instruments TXN, -0.28% anticipates $3.45 billion to $3.75 billion in revenue for the ongoing quarter, along with 96 cents to $1.16 in earnings per share ...

DALLAS, Jan. 23, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported fourth quarter revenue of $4.08 billion, net income of $1.37 billion and earnings per share of $1.49. Earnings per share included a 3-cent benefit that was not in the company's original guidance. Regarding the company's performance and returns to shareholders, Haviv Ilan, TI's president and CEO, made the following comments: "Revenue decreased 10% sequentially and 13% from the same quarter a year ago. Duri ...

Key TakeawaysTexas Instrument's stock jumped 4% on Friday after analysts at UBS upgraded the stock amid expectations of improving chip sales.A recent survey of chip customers and distributors showed half of respondents expect lead times to rise over the first half of 2024.The Texas Instruments share price has broken above a flag pattern, indicating a continuation of the current trend. Texas Instruments Incorporated Source: TradingView.com.Shares in analogue semiconductor maker Texas Instruments (TXN) jum ...