Texas Instruments (TXN) Tops Q4 EPS by 3c, Guides Q1 Light
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TI reports 4Q18 and 2018 financial results and shareholder returns
January 23, 2019 4:01 PM ESTDALLAS, Jan. 23, 2019 /PRNewswire/ --Â Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported fourth-quarter revenue of $3.72 billion, net income of $1.24 billion and earnings per share of $1.27. Earnings per share include a 1 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 decreased 1 percent from the same quarter a year ago as demand for our products continued to slow across most markets. "In our core businesses,... More