Texas Instruments (TXN) Tops Q1 EPS by 17c; Guides Q2 Lower
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TI reports first quarter 2022 financial results and shareholder returns
April 26, 2022 4:01 PM EDTDALLAS, April 26, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported first quarter revenue of $4.91 billion, net income of $2.20 billion and earnings per share of $2.35. Earnings per share included a 2-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 14% from the same quarter a year ago primarily due to... More