Texas Instruments (TXN) Tops Q1 EPS by 13c

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Go back to Texas Instruments (TXN) Tops Q1 EPS by 13c

TI reports 1Q19 financial results and shareholder returns

April 23, 2019 4:01 PM EDT

DALLAS, April 23, 2019 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported first-quarter revenue of $3.59 billion, net income of $1.22 billion and earnings per share of $1.26. Earnings per share include a 4-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 5% from the same quarter a year ago as demand for our products continued to slow across most markets. "In our core businesses, Analog... More