Texas Instruments (TXN) Tops Q3 EPS by 6c; Guides Lower
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TI reports third quarter 2022 financial results and shareholder returns
October 25, 2022 4:01 PM EDTDALLAS, Oct. 25, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported third quarter revenue of $5.24 billion, net income of $2.30 billion and earnings per share of $2.47. 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 1% sequentially and increased 13% from the same quarter a year ago, about as... More