Categories Earnings, Technology

A visual dashboard of Texas Instruments (TXN) Q1 2020 earnings results

Texas Instruments’ (NASDAQ: TXN) reported a 2% drop in EPS and 7% decline in revenue for the first quarter of 2020. However, the results exceeded analysts’ expectations. TXN stock rose about 3% immediately after the earnings announcement in the after-market session.

To reflect the increased uncertainty, the company expanded the range of the second-quarter 2020 outlook. EPS is expected to be in the range of $0.64 and $1.04 and revenue is projected to be in the range of $2.61 billion to $3.19 billion for the second quarter.

Texas Instruments (TXN) Q1 2020 earnings infographic

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Also Read:  Xerox Corp. (XRX) Q3 2020 Earnings Call Transcript

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