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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Return to Sender who wrote (84101)10/22/2019 4:30:14 PM
From: Robert O1 Recommendation  Read Replies (1) of 95574
 
10/22/19 4:18 PM ET

Chipmaker Texas Instruments (TXN) late Tuesday beat Wall Street's earnings target for the third quarter but came up short on revenue. The TI earnings report sent its stock sharply lower in extended trading.

The Dallas-based company earned $1.49 a share on sales of $3.77 billion in the September quarter. Analysts expected TI earnings of $1.41 a share on $3.81 billion in sales, according to Zacks Investment Research. In the year-earlier period, Texas Instruments earned $1.58 a share on $4.26 billion in sales.
Texas Instruments stock tumbled 8.4% in after-hours trading on the stock market today. During the regular session, TI stock fell 1.8% to 128.57.

See Q4EPS .91-1.09 versus Street's 1.28 view.
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