Texas Instruments Q3 profit jumps 22%, beats estimates

Texas Instruments (TXN) reported a 22% jump in earnings for the third quarter helped by the management of costs and expenses, lower income taxes provision and a rise in revenue. The bottom line came in ahead of analysts’ expectations, while the top line missed consensus estimates. Following this, the stock inched down over 5% in … Continue reading Texas Instruments Q3 profit jumps 22%, beats estimates