Texas Instruments (TXN) shares rose 5.5% in extended trading on Tuesday after the analog semiconductor giant reported fiscal fourth-quarter results and guidance that were largely in-line with Wall Street’s forecast.
For the period ending Dec. 31, TI said it earned $1.27 per share as revenue rose 10% year-over-year to $4.42B. Analog revenue rebounded, up 14% year-over-year to $3.62B, while embedded processing revenue rose 8% over the same time frame to $662M. Other revenue tumbled 34% year-over-year to $146M.
In addition, earnings per share included a $0.06 reduction that was not in the company’s original guidance, TI added.
Analysts had expected the company to earn $1.28 per share on $4.43B in revenue.
“Revenue decreased 7% sequentially and increased 10% from the same quarter a year ago,” Haviv Ilan, TI’s chairman, president, and CEO, said in a statement. “Our cash flow from operations of $7.2 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300mm production. Free cash flow for the same period was $2.9 billion. Over the past 12 months we invested $3.9 billion in R&D and SG&A, invested $4.6 billion in capital expenditures and returned $6.5 billion to owners.”
Looking to the first-quarter of fiscal 2026, Texas Instruments said it expects to earn between $1.22 and $1.48 per share, with the midpoint above the analyst estimate of $1.26 per share. Sales are expected to be between $4.32B and $4.68B, with the midpoint of $4.5B above the forecast of $4.42B.
The company will host a conference call at 4:30 p.m. EST to discuss the results.