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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (92691)	7/23/2024 5:24:05 PM
From: Return to Sender	Respond to of 95358

Texas Instruments pops as strong Q2 results, guidance top estimates seekingalpha.com Texas Instruments (NASDAQ: TXN) shares rose 4.5% in extended-hours trading on Tuesday after the analog semiconductor giant reported better-than-expected guidance and second-quarter results. For the period ending June 30, Texas Instruments earned $1.22 per share as revenue declined 15.7% year-over-year to $3.82B. Analog revenue fell 11% year-over-year to $2.93B, while revenue attributed to embedded processing tumbled 31% to $615M. Revenue from Texas Instrument's other segment fell 22% year-over-year to $279M. Cash flow from operations for the past 12 months came in at $6.4B, while free cash flow for the same period was $1.5B. A consensus of analysts expected the company to earn $1.19 per share on $3.82B in revenue. Looking ahead, Texas Instruments expects to earn between $1.24 and $1.48 per share, with revenue between the $3.94B and $4.26B for the coming third quarter. Analysts were expecting earnings of $1.38 per share on $4.12B in revenue. The company is slated to host a conference call at 4:30 p.m. EST to discuss the results.