Categories AlphaGraphs, Earnings, Technology
TXN Earnings: Highlights of Texas Instruments’ Q2 2023 results
Semiconductor company Texas Instruments Incorporated (NASDAQ: TXN) has reported a double-digit decrease in second-quarter revenues. The company also provided guidance for the third quarter.
June quarter net profit declined sharply to $1.72 billion or $1.87 per share from $2.29 billion or $2.45 per share in the corresponding period of 2022.
The bottom line was negatively impacted by a 13% fall in revenues to $4.53 billion. For the third quarter of 2023, the management expects revenues to be in the range of $4.36 billion to $4.74 billion, and earnings per share between $1.68 and $1.92.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
