Financial Performance - Third quarter revenue was $4.15 billion, a decrease of 8% year-over-year and an increase of 9% sequentially[59] - Net income for the third quarter was $1.36 billion, with earnings per share (EPS) of $1.47, down from $1.71 billion and $1.85 EPS in the same quarter last year[61] - Year-to-date revenue for 2024 was $11.63 billion, a decrease of 13% compared to the same period in 2023[67] - Revenue for the 12 months ended September 30, 2024, was $15,711 million, a decrease from $18,112 million in 2023[78] Cash Flow - Cash flow from operations for the trailing 12 months was $6.2 billion, with free cash flow of $1.5 billion[59] - Cash flow from operations (GAAP) for 2024 was $6,244 million, compared to $6,538 million in 2023, reflecting a 4% decrease[78] - Free cash flow (non-GAAP) for 2024 was $1,468 million, down 11% from $1,648 million in 2023[78] - Cash flow from operations as a percentage of revenue (GAAP) improved to 39.7% in 2024 from 36.1% in 2023[78] - Free cash flow as a percentage of revenue (non-GAAP) increased slightly to 9.3% in 2024 from 9.1% in 2023[78] Capital Expenditures - Capital expenditures for the first nine months of 2024 were $3.63 billion, down from $3.92 billion in the previous year[73] Dividends - The company announced a 5% increase in dividends, marking 21 consecutive years of dividend increases[74] Profitability - Operating profit margin for the third quarter was 37.4%, down from 41.7% in the same quarter last year[60] Revenue Breakdown - Embedded Processing revenue decreased by 27% year-over-year to $653 million[64] Future Expectations - The company expects to receive $6 billion to $8 billion from the U.S. Department of Treasury's investment tax credit through 2034[74] Cash Position - Total cash at the end of Q3 2024 was $8.75 billion, an increase of $177 million from the end of 2023[71]

Texas Instruments Incorporated (NASDAQ:TXN) Q3 2024 Earnings Conference Call October 22, 2024 4:30 PM ET Company Participants Dave Pahl - Head of IR Haviv Ilan - CEO Rafael Lizardi - CFO Conference Call Participants Timothy Arcuri - UBS Vivek Arya - Bank of America Securities C.J. Muse - Cantor Fitzgerald Ross Seymore - Deutsche Bank Stacy Rasgon - Bernstein Research Thomas O'Malley - Barclays Joseph Moore - Morgan Stanley William Stein - Truist Securities Tore Svanberg - Stifel Dave Pahl Welcome to the Tex ...

Texas Instruments (TXN) reported $4.15 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.4%. EPS of $1.47 for the same period compares to $1.80 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.11 billion, representing a surprise of +0.99%. The company delivered an EPS surprise of +8.09%, with the consensus EPS estimate being $1.36.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Texas Instruments (TXN) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.09%. A quarter ago, it was expected that this chipmaker would post earnings of $1.16 per share when it actually produced earnings of $1.22, delivering a surprise of 5.17%.Over the last four quarters, the company ...

Financial Performance - Revenue for the quarter increased by 15% compared to the same period last year [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8% due to increased marketing and R&D investments [3]. Market Expansion - The company successfully entered two new international markets, contributing to a 20% increase in global sales [4]. - A new partnership was established with a leading distributor in Europe, expected to boost market share by 5% [5]. Product Development - Launched three new products in the tech segment, which are projected to generate $50 million in revenue over the next year [6]. - R&D investment increased by 25% to accelerate innovation and product differentiation [7]. Operational Efficiency - Implemented new supply chain management software, reducing logistics costs by 10% [8]. - Streamlined manufacturing processes, resulting in a 15% reduction in production time [9]. Customer Engagement - Customer satisfaction scores improved by 5 points, reaching an all-time high of 90% [10]. - Launched a new loyalty program, which has already attracted 100,000 new members [11]. Strategic Initiatives - Announced a new sustainability initiative aimed at reducing carbon emissions by 30% over the next five years [12]. - Acquired a smaller competitor to enhance market position and expand product offerings [13]. Risk Management - Identified potential risks in the supply chain and implemented contingency plans to mitigate disruptions [14]. - Increased insurance coverage to protect against unforeseen market volatility [15]. Employee Development - Introduced a new training program to enhance employee skills, resulting in a 20% increase in productivity [16]. - Employee retention rates improved by 10% due to enhanced workplace benefits and career development opportunities [17].

DALLAS, Oct. 22, 2024 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported third quarter revenue of $4.15 billion, net income of $1.36 billion and earnings per share of $1.47. Earnings per share included a 3-cent benefit for items that were 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 8% from the same quarter a year ago and increased 9% s ...

Texas Instruments Incorporated TXN will release earnings results for its third quarter after the closing bell on Tuesday, Oct. 22.Analysts expect the Dallas, Texas-based bank to report quarterly earnings at $1.38 per share, down from $1.85 per share in the year-ago period. Texas Instruments projects to report revenue of $4.12 billion for the recent quarter, compared to $4.58 billion a year earlier, according to data from Benzinga Pro.On Oct. 17, the company’s board of directors declared a quarterly cash div ...

Texas Instruments Incorporated (TXN) is scheduled to report third-quarter 2024 results on Oct. 22.For the third quarter of 2024, Texas Instruments expects revenues between $3.94 billion and $4.26 billion. The Zacks Consensus Estimate is pegged at $4.11 billion, suggesting a decline of 9.3% from the year-ago quarter’s reported figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Management expects earnings per share between $1.24 and $1.48 for the quarter under review. The consensu ...

Visitors are visiting various integrated circuit chips developed and produced by Texas Instruments ... [+] at the 6th China International Import Expo (CIIE) in Shanghai, China, on November 6, 2023. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesTexas Instruments is poised to report its Q3 results in the coming weeks. We expect the company’s revenues for the quarter to decline by about 10% year-over-year to $4.14 billion, coming in slightly ahead of estimates, while earnings are likely ...

Company Overview - Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for various markets including industrial, automotive, personal electronics, communications equipment, and enterprise systems [2]. Financial Update - The board of directors of Texas Instruments declared a quarterly cash dividend of $1.36 per share of common stock, which is payable on November 12, 2024, to stockholders of record on October 31, 2024 [1].