Categories AlphaGraphs, Earnings, Technology

TXN Earnings: A snapshot of Texas Instruments’ Q3 2023 results

Semiconductor company Texas Instruments Incorporated (NASDAQ: TXN) reported a sharp decline in third-quarter revenues and profit. The company also provided guidance for the fourth quarter.

Texas Instruments Q3 2023 earnings infographic

September quarter net profit declined sharply to $1.71 billion or $1.85 per share from $2.30 billion or $2.47 per share in the corresponding period of 2022.

The bottom line was negatively impacted by a 14% fall in revenues to $4.53 billion. For the fourth quarter of 2023, the management expects revenues to be in the range of $3.93 billion to $4.27 billion, and earnings per share between $1.35 and $1.57.

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  • Texas-Instruments-Q4-2022-Earnings-Infographic

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