TXN - Texas Instruments Analysts Increase Their Forecasts After Upbeat Earnings | Benzinga
Texas Instruments Inc (NASDAQ:TXN) reported upbeat earnings for its first quarter on Tuesday.
Texas Instruments reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion, according to Benzinga Pro. The company's top-line results were down 16% on a year-over-year basis and down 10% sequentially as revenue declined across all end markets.
Texas Instruments reported quarterly earnings of $1.20 per share, which beat analyst estimates of $1.08 per share. The company noted that earnings per share ...