From Barchart: 2025-01-24 08:57:00

Texas Instruments (NASDAQ:TXN) beat fourth-quarter earnings and revenue estimates, reporting $1.30 per share on $4.01 billion in sales. However, cautious guidance for the current quarter caused a 4% drop in premarket trading.

CEO Haviv Ilan cited challenges in automotive and industrial segments during the earnings call. Automotive chip sales were weak, with slower growth in China, while the industrial division saw modest declines in demand.

For the first quarter, Texas Instruments projected earnings per share between $0.94 and $1.16, with revenue ranging from $3.74 billion to $4.06 billion. These figures fell short of market expectations, with analysts forecasting $1.17 per share and $3.85 billion in revenue.



Read more at Barchart:: Texas Instruments Beats Q4 Estimates but Soft Guid…