Texas Instruments (TXN) Tops Q2 EPS by 23c, Offers Q3 Guidance

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Go back to Texas Instruments (TXN) Tops Q2 EPS by 23c, Offers Q3 Guidance

TI reports second quarter 2021 financial results and shareholder returns

July 21, 2021 4:01 PM EDT

DALLAS, July 21, 2021 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported second quarter revenue of $4.58 billion, net income of $1.93 billion and earnings per share of $2.05. Earnings per share included a 6-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 increased 7% sequentially and increased 41% from the same quarter a year ago due to strong demand in industrial, automotive and personal electronics. "In our... More