Texas Instruments (TXN) PT Raised to $125 at RBC Capital

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Go back to Texas Instruments (TXN) PT Raised to $125 at RBC Capital

TI reports 1Q18 financial results and shareholder returns

April 24, 2018 4:01 PM EDT

DALLAS, April 24, 2018 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported first-quarter revenue of $3.79 billion, net income of $1.37 billion and earnings per share of $1.35. Earnings per share include 14 cents in tax-related benefits 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 11 percent from the same quarter a year ago. Demand for our Analog and Embedded Processing products continued to be strong in the industrial and automotive markets.... More