Texas Instruments (TXN) PT Raised to $102 at RBC Capital Folowing Strong 3Q
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TI reports 3Q17 financial results and shareholder returns
October 24, 2017 4:01 PM EDTDALLAS, Oct. 24, 2017 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $4.12 billion, net income of $1.29 billion and earnings per share of $1.26. Earnings per share include a 2-cent discrete tax benefit not in the company's original guidance.
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:
"Revenue increased 12 percent from the same quarter a year ago. Demand for our products continued to be strong in the industrial and automotive markets. "In our core... MoreTI enables designers to achieve a new low in standby power
October 23, 2017 8:00 AM EDTDALLAS, Oct. 23, 2017 /PRNewswire/ -- Texas Instruments (TI) (NASDAQ: TXN) today introduced a new inductor-inductor-capacitor (LLC) resonant controller with an integrated high-voltage gate driver that enables the industry's lowest standby power, as well as longer system lifetimes. The UCC256301 provides a cost-effective system solution that helps meet stringent energy-efficiency standards for a wide range of AC/DC applications, including digital televisions, gaming adapters, desktop computer and notebook adapters, and power-tool battery chargers. For more details, see... More
