Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Texas Instruments Earnings, Revenue beat in Q2

Published 2022-07-26, 04:40 p/m
Updated 2022-07-26, 04:40 p/m
© Reuters.  Texas Instruments Earnings, Revenue beat in Q2

© Reuters. Texas Instruments Earnings, Revenue beat in Q2

Investing.com - Texas Instruments (NASDAQ:TXN) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Texas Instruments announced earnings per share of $2.45 on revenue of $5.21B. Analysts polled by Investing.com anticipated EPS of $2.13 on revenue of $4.65B.

Texas Instruments shares are down 25% from the beginning of the year and are trading at $166.49 , down-from-52-week-high.They are outperforming the Nasdaq which is down 26.09% from the start of the year.

Texas Instruments shares gained 3.51% in after-hours trade after the report.

Texas Instruments follows other major Information Technology sector earnings this month

Texas Instruments's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.

Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, compared to forecast for EPS of $1.74 on revenue of $7.06B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.