TI reports third quarter 2020 financial results and shareholder returns
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Texas Instruments (TXN) Tops Q3 EPS by 18c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus
October 20, 2020 4:04 PM EDTTexas Instruments (NASDAQ: TXN) reported Q3 EPS of $1.45, $0.18 better than the analyst estimate of $1.27. Revenue for the quarter came in at $3.82 billion versus the consensus estimate of $3.43 billion.
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:
"Revenue increased 18% sequentially with notable strength from the rebound of automotive demand and... More