Texas Instruments GAAP EPS of $1.47 beats by $0.10, revenue of $4.15B beats by $30M
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Contributor since / Followers
Contributor since / Followers
1 month ago
- Texas Instruments press release (NASDAQ:TXN): Q3 GAAP EPS of $1.47 beats by $0.10.
- Revenue of $4.15B (-8.4% Y/Y) beats by $30M.
- “Revenue decreased 8% from the same quarter a year ago and increased 9% sequentially. Industrial continued to decline sequentially, while all other end markets grew.
- “TI’s fourth quarter outlook is for revenue in the range of $3.70 billion to $4.00 billion vs $4.08B consensus and earnings per share between $1.07 and $1.29 vs $1.41 consensus. We continue to expect our fourth quarter effective tax rate to be about 13%.”