Texas Instruments Q1 Earnings, Revenue Rise; Q2 Guidance Set

MT Newswires Live
04-24

Texas Instruments (TXN) reported Q1 earnings late Wednesday of $1.28 per diluted share, up from $1.20 a year earlier.

Analysts polled by FactSet expected $1.07.

Revenue in the quarter ended March 31 was $4.07 billion, up from $3.66 billion a year earlier.

Analysts surveyed by FactSet expected $3.91 billion.

The company expects Q2 EPS of $1.21 to $1.47 on revenue of $4.17 billion to $4.53 billion. Analysts polled by FactSet expect EPS of $1.21 on revenue of $4.10 billion.

Shares of Texas Instruments were up nearly 6% in after-hours activity.

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