A month has gone by since the last earnings report for Texas Instruments (TXN) . Shares have added about 15.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Texas Instruments due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Texas Instruments Q1 Earnings Beat, Rev ...

DALLAS, May 15, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will speak at the Bank of America 2024 Global Technology Conference in San Francisco on Wednesday, June 5, at 3:20 p.m. Pacific time. Lizardi will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position ...

DALLAS, May 9, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) President and Chief Executive Officer Haviv Ilan will speak at the Bernstein 40th Annual Strategic Decisions Conference in New York City on Thursday, May 30, at 10 a.m. Eastern time. Ilan will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for gro ...

Investment Rating - The report does not explicitly state an investment rating for Texas Instruments (TXN) Core Insights - Texas Instruments reported Q1 2024 revenue of $3.661 billion, a year-over-year decrease of 16.40% and a quarter-over-quarter decrease of 10.20%, exceeding the guidance midpoint of $3.450-3.750 billion [2][3] - The gross margin for Q1 2024 was 57.2%, down 8.1 percentage points year-over-year and 2.4 percentage points quarter-over-quarter, primarily due to revenue decline, lower capacity utilization, and increased production costs related to planned capacity expansion [3][7] - Net profit for Q1 2024 was $1.105 billion, representing a 35.3% year-over-year decline, with earnings per share (EPS) of $1.20, which included an unexpected $0.10 gain from the sale of a property [3][7][17] Summary by Sections Overall Revenue Situation - Q1 2024 revenue was $3.661 billion, with a gross margin of 57.2% and net profit of $1.105 billion [3][7] - The revenue decline was attributed to reduced sales and increased production costs, leading to a gross margin drop of 820 basis points [3][7] Capital Operations - Operating cash flow for Q1 was $1 billion, with a cumulative total of $6.3 billion over the past 12 months [8][17] - Capital expenditures for Q1 were $1.2 billion, totaling $5.3 billion over the past year, with $3.7 billion allocated to R&D and SG&A [8][17] - The company returned $4.8 billion to shareholders over the past year, with $1.2 billion in dividends for Q1 [8][17] CAPEX - Capital expenditures for Q1 2024 were $1.2 billion, with a cumulative total of $5.3 billion over the past 12 months [9] Inventory - As of the end of Q1 2024, inventory stood at $4.1 billion, an increase of $84 million quarter-over-quarter, with inventory turnover days rising to 235 days [9][17] Revenue by Business Segments - Analog business segment revenue for Q1 was $2.836 billion, accounting for 77.5% of total revenue, with a year-over-year decline of 13.8% [10][13] - Embedded Processing segment revenue was $652 million, representing 17.8% of total revenue, down 21.6% year-over-year [11][13] - Other business segment revenue was $173 million, making up 4.7% of total revenue, with a year-over-year decline of 32.9% [12][13] End Market - Industrial market demand continued to decline in Q1, with a year-over-year drop of approximately 25% [14][26] - Automotive market demand showed a slight decline, while personal electronics experienced modest growth [14][26] - Communication equipment market saw a significant decline of about 50% year-over-year [14][26] Q2 Company Performance Guidance - For Q2 2024, the revenue guidance is set between $3.650-3.950 billion, with an EPS range of $1.05-1.25 [15][17] - The midpoint of the revenue guidance represents a quarter-over-quarter increase of 3.8% but a year-over-year decrease of 16.13% [15]

Did you analyze how Texas Instruments (TXN) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this chipmaker, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For in ...

Texas Instruments, Inc. (NASDAQ:TXN) Shareholder Analyst Call April 25, 2024 9:30 AM ET Company Participants Richard Templeton - Chairman of the Board Cynthia Trochu - Senior Vice President and Secretary Richard Kent - Chief Investment Officer of Friends Fiduciary Corporation Conference Call Participants Cynthia Trochu Good morning, everyone. If we can have your attention, I'll turn it over to our Chairman, Richard Templeton. Richard Templeton Good morning. The 2024 Annual Meeting of Stockholders of Texas I ...

Texas Instruments, Inc. (NASDAQ:TXN) Shareholder Analyst Call Summary Company Overview - **Company**: Texas Instruments, Inc. (TI) - **Date of Call**: April 25, 2024 - **Participants**: Richard Templeton (Chairman), Cynthia Trochu (Senior VP), Richard Kent (CIO of Friends Fiduciary Corporation) Key Points from the Call Meeting Structure and Proposals - The meeting was called to order with approximately 90% of outstanding common stock represented, constituting a quorum [3] - Four company proposals were voted on, including: 1. Election of Director nominees 2. Approval of the Texas Instruments 2024 long-term incentive plan 3. Advisory vote on named Executive Officer compensation 4. Ratification of Ernst & Young as the independent registered public accounting firm for 2024 [5][22] Stockholder Proposals - **Proposal 5**: A special shareholder meeting improvement proposal sponsored by John Chevedden, aimed at allowing shareholders with 15% of outstanding common stock to call a special meeting. This proposal received 47% support in 2022 [9][10] - **Proposal by Friends Fiduciary Corporation**: A request for an independent third-party report on TI's due diligence process regarding potential misuse of products in conflict zones, particularly in relation to the ongoing war in Ukraine. TI's products were found in 27 Russian weapon systems, raising concerns about human rights and financial risks [12][13][14][15] Voting Results - Preliminary results indicated that all company proposals passed, while the stockholder proposals did not pass. Final results will be reported in an 8-K filing with the SEC [22] Shareholder Concerns - A shareholder expressed concerns about executive compensation, highlighting disparities between executive pay and employee wages. The CEO's reported compensation was noted to be significantly higher than the average employee salary [18][19][20] Conclusion - The meeting concluded with the announcement of preliminary voting results and an assurance that final results would be communicated in due course [21][22] Additional Important Information - The meeting emphasized the importance of shareholder engagement and the need for updated bylaws to facilitate special meetings [10] - The discussion around the misuse of TI products in conflict zones reflects growing investor concern regarding ethical practices and compliance with international laws [14][15]

Texas Instrument (TXN) reported first-quarter 2024 results, wherein earnings and revenues surpassed estimates but plummeted on a year-over-year basis. The company reported earnings of $1.20 per share, which declined 35% year over year. Revenues were $3.66 billion, which decreased 16% from the year-ago quarter. Softness in the Analog segment, which contributed the most to the total revenues, was the primary reason behind the dismal results.(Read more: Texas Instruments Q1 Earnings Beat, Revenues Fall Y/Y)Fir ...

Core Insights - Texas Instruments (TXN) stock surged 8.5% at the opening and settled with a 5.9% gain following a strong earnings report [1] - The semiconductor company's first-quarter earnings fell 35% year-over-year to $1.20 per diluted share, with sales down 16% to $3.66 billion, but exceeded Wall Street's expectations [2] - Analysts raised target prices for Texas Instruments stock post-report, maintaining their overall recommendations with higher price targets [2] Financial Performance - First-quarter earnings were $1.20 per diluted share, down from the previous year, while sales were $3.66 billion, reflecting a 16% decline [2] - Wall Street analysts had anticipated a consensus earnings target of $1.07 per share and revenue of approximately $3.61 billion, indicating that the actual results were better than expected [2] Market Conditions - The semiconductor industry is showing signs of recovery, with customers working through excess chip inventories, leading to slower sales of new products [3] - The unexpected profit increase was partly due to the sale of a property, contributing an additional $0.10 per share [3] - Comments from the earnings call indicated a return to normal seasonality in the market, particularly in personal electronics, which is recovering from previous downturns [3] Investment Outlook - The recovery in business conditions and the return to normalcy in the semiconductor market have added value to Texas Instruments' stock [4] - The stock is considered reasonably priced, with a dividend yield of 2.9%, surpassing the five-year average of 2.6%, making it an attractive buy for investors [4]

Texas Instruments (TXN) reported first-quarter 2024 earnings of $1.20 per share, surpassing the Zacks Consensus Estimate by 13.2%. The figure exceeded the guided range of 96 cents-$1.16 per share.However, the figure declined 35% year over year and 19.5% sequentially.TXN reported revenues of $3.66 billion, which beat the Zacks Consensus Estimate of $3.61 billion. The figure came within management’s guidance of $3.45-$3.75 billion.Revenues decreased 16% from the year-ago quarter’s level and 10.2% sequentially ...