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Texas Instruments Q1 Earnings: EPS Beat, Revenue Beat Despite Decline Across All End Markets
Texas Instruments Inc (NASDAQ:TXN) reported first-quarter financial results after the market close on Tuesday. Here’s a look at the key metrics from the quarter.
Q1 Earnings: Texas Instruments reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion, according to Benzinga Pro. The company’s top-line results were down 16% on a year-over-year basis and down 10% sequentially as revenue declined across all end markets.
Texas Instruments reported quarterly earnings of $1.20 per share, ...