RTTNews | Apr 27, 2021 04:15PM EDT

16:15 Tuesday, April 27, 2021 (RTTNews.com) - Texas Instruments Inc. (TXN) announced earnings for its first quarter that rose from the same period last year.

The company's bottom line totaled $1.75 billion, or $1.87 per share. This compares with $1.17 billion, or $1.24 per share, in last year's first quarter.

Analysts had expected the company to earn $1.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.8% to $4.29 billion from $3.33 billion last year.

Texas Instruments Inc. earnings at a glance:

-Earnings (Q1): $1.75 Bln. vs. $1.17 Bln. last year.-EPS (Q1): $1.87 vs. $1.24 last year.-Analysts Estimate: $1.58-Revenue (Q1): $4.29 Bln vs. $3.33 Bln last year.

-Guidance:Next quarter EPS guidance: $1.68 - $1.92Next quarter revenue guidance: $4.13- $4.47 bln

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