TI-Texas Instruments (TXN) Q2 Earnings Beat, Revenues Fall Y/Y

Texas Instruments (TXN) reported second-quarter 2024 earnings of $1.22 per share, surpassing the Zacks Consensus Estimate by 5.2%. The figure exceeded the guided range of$ 1.05- $1.16 per share.The figure declined 35% year over year but gained 1.7% sequentially.TXN reported revenues of$ 3.82 billion, which beat the Zacks Consensus Estimate by 0.6%. The figure came within management’s guidance of $3.65-$ 3.95 billion.Revenues decreased 16% from the year-ago quarter’s level but increased 4% sequentially.The yea ...