Texas Instruments (TXN) Tops Q3 EPS by 6c; Guides Lower

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Go back to Texas Instruments (TXN) Tops Q3 EPS by 6c; Guides Lower

TI reports third quarter 2022 financial results and shareholder returns

October 25, 2022 4:01 PM EDT

DALLAS, 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