Texas Instruments (TXN) Tops Q4 EPS by 2c
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TI reports Q4 2022 and 2022 financial results and shareholder returns
January 24, 2023 4:01 PM ESTDALLAS, Jan. 24, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported fourth quarter revenue of $4.67 billion, net income of $1.96 billion and earnings per share of $2.13. Earnings per share included an 11-cent benefit that was 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 decreased 11% sequentially and 3% from the same quarter a year ago. As we... More