Investing.com - Texas Instruments (NASDAQ:TXN) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Texas Instruments announced earnings per share of $1.45 on revenue of $3.82B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $3.43B.
Texas Instruments shares are up 17% from the beginning of the year and are trading at $154.50 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 33.72% from the start of the year.
Texas Instruments shares gained 2.51% in after-hours trade after the report.
Texas Instruments follows other major Technology sector earnings this month
Texas Instruments's report follows an earnings matched by Taiwan Semiconductor on Wednesday, October 14, 2020, who reported EPS of $0.92 on revenue of $12.4B, compared to forecasts EPS of $0.92 on revenue of $12.4B.
Accenture had missed expectations on Thursday, September 24, 2020 with fourth quarter EPS of $1.7 on revenue of $10.84B, compared to forecast for EPS of $1.73 on revenue of $10.93B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar