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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Texas Instruments Incorporated | NASDAQ:TXN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.34 | 0.78% | 174.21 | 172.50 | 173.98 | 175.85 | 173.33 | 173.45 | 4,422,682 | 22:03:25 |
By Maria Armental
Texas Instruments Inc. reported better-than-expected first-quarter results, driven by strong demand in industrial, automotive and personal electronics.
Net income rose to $1.75 billion from $1.17 billion a year earlier. On a per-share basis, profit was $1.87. Texas Instruments projected earnings of $1.44 to $1.66 a share, and analysts surveyed by FactSet expected $1.58 a share.
Revenue rose to $4.29 billion from $3.33 billion. Texas Instruments had projected $3.79 billion to $4.11 billion, while analysts expected $4 billion in revenue.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
April 27, 2021 16:21 ET (20:21 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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