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Texas Instruments Q3 Earnings Beat: Can Strong Results Lift the Stock?
TXNTI(TXN) ZACKS·2024-10-23 15:15

Texas Instruments (TXN) reported third-quarter 2024 earnings of 1.47pershare,whichsurpassedtheZacksConsensusEstimateby8.11.47 per share, which surpassed the Zacks Consensus Estimate by 8.1%. The figure came at the higher end of the guided range of 1.24-1.48pershare.However,thefiguredeclined20.51.48 per share. However, the figure declined 20.5% year over year.TXN reported revenues of 4.15 billion, which beat the Zacks Consensus Estimate by 1%. The figure came at the higher end of management’s guidance of 3.94−3.94-4.26 billion. Revenues decreased 8.4% year over year and increased 8.6% sequentially.Due to ...