RTTNews | Oct 26, 2021 04:04PM EDT

16:03 Tuesday, October 26, 2021 (RTTNews.com) - Texas Instruments Inc. (TXN) revealed earnings for its third quarter that increased from last year.

The company's profit totaled $1.95 billion, or $2.07 per share. This compares with $1.35 billion, or $1.45 per share, in last year's third quarter.

Analysts had expected the company to earn $2.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.5% to $4.64 billion from $3.82 billion last year.

Texas Instruments Inc. earnings at a glance:

-Earnings (Q3): $1.95 Bln. vs. $1.35 Bln. last year.-EPS (Q3): $2.07 vs. $1.45 last year.-Analysts Estimate: $2.05-Revenue (Q3): $4.64 Bln vs. $3.82 Bln last year.

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