Texas Instruments Inc. (TXN) announced earnings for its second quarter that rose from the same period last year.
RTTNews | Jul 21, 2021 04:05PM EDT
16:04 Wednesday, July 21, 2021 (RTTNews.com) - Texas Instruments Inc. (TXN) announced earnings for its second quarter that rose from the same period last year.
The company's earnings totaled $1.93 billion, or $2.05 per share. This compares with $1.38 billion, or $1.48 per share, in last year's second quarter.
Analysts had expected the company to earn $1.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 41.4% to $4.58 billion from $3.24 billion last year.
Texas Instruments Inc. earnings at a glance:
-Earnings (Q2): $1.93 Bln. vs. $1.38 Bln. last year.-EPS (Q2): $2.05 vs. $1.48 last year.-Analysts Estimate: $1.82-Revenue (Q2): $4.58 Bln vs. $3.24 Bln last year.
-Guidance:Next quarter EPS guidance: $1.87 - $2.13Next quarter revenue guidance: $4.40 - $4.76 Bln
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