Texas Instruments (TXN) PT Raised to $150 at BMO Capital

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Go back to Texas Instruments (TXN) PT Raised to $150 at BMO Capital

TI reports second quarter 2019 financial results and shareholder returns

July 23, 2019 4:01 PM EDT

DALLAS, July 23, 2019 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported second quarter revenue of $3.67 billion, net income of $1.31 billion and earnings per share of $1.36. Earnings per share include a 7-cent benefit for items that were 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 9% from the same quarter a year ago due to broad-based weakness. "In our core businesses, Analog revenue declined 6% and Embedded... More