Texas Instruments (TXN) Shares Up 2% on Q4 Beat and Raise
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January 25, 2022 4:13 PM EST
(Reuters) -Texas Instruments Inc on Tuesday forecast current-quarter revenue above expectations and said it would sharpen its focus on chips used in the lucrative automotive and industrial sectors, sending its shares up 4% in extended trading.
The company, which also beat fourth-quarter revenue estimates, is boosting capacity as chipmakers try to plug the gap between demand and supply caused by the pandemic-fueled supply delays and a shift to working and learning from home.
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January 25, 2022 4:12 PM EST
Texas Instruments (NASDAQ: TXN) trades up 5.9% following earnings, guidance.
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January 25, 2022 4:02 PM EST
Texas Instruments (NASDAQ: TXN) reported Q4 EPS of $2.27, $0.33 better than the analyst estimate of $1.94. Revenue for the quarter came in at $4.83 billion versus the consensus estimate of $4.43 billion.
GUIDANCE:
Texas Instruments sees Q1 2022 EPS of $2.01-$2.29, versus the consensus of $1.90.... More
