Texas Instruments (TXN) Guides Q1 EPS Above the Street, Revs Above at Midpoint
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Brian Crutcher named chief operating officer of TI
January 24, 2017 4:31 PM ESTDALLAS, Jan. 24, 2017 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today said Brian Crutcher has been promoted to chief operating officer (COO). Crutcher, 44, is a 21-year veteran of the company and has been executive vice president responsible for all business and sales operations, Kilby Labs and information technology. As COO, he adds oversight of TI's global technology and manufacturing operations to his current duties.
"Brian has an impressive track record of operational and... More
TI reports 4Q16 and 2016 financial results and shareholder returns
January 24, 2017 4:30 PM ESTDALLAS, Jan. 24, 2017 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported fourth-quarter revenue of $3.41 billion, net income of $1.05 billion and earnings per share of $1.02. Earnings per share include a 14-cent benefit for items that were not in the company's original guidance for the quarter.
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:
"Revenue increased 7 percent from the same quarter a year ago, as demand for our products remained strong in the automotive... More