Texas Instruments (TXN) Stock Gains Following Earnings, Revenue Beat
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TI reports second quarter 2022 financial results and shareholder returns
July 26, 2022 4:01 PM EDTDALLAS, July 26, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported second quarter revenue of $5.21 billion, net income of $2.29 billion and earnings per share of $2.45.
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 due to growth across markets."Our cash flow from operations of $8.7 billion for the trailing 12 months again... More