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.

Texas Instruments Q2 2023 earnings infographic

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:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Nike (NKE) looks set to beat hurdles and build a brighter future

Nike, Inc. (NYSE: NKE) has long been ruling the sportswear market but the company had its share of problems when headwinds like the pandemic and economic slowdown hit the business

Electronic Arts (EA): A few points to keep in mind if you have an eye on this gaming company

Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has dropped 7% over the past three months. The video game industry has been facing challenges as

Petros Pharma is focused on establishing mechanisms for Rx-to-OTC switch: CCO Fady Boctor

Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) is a pharma company focused on identifying, developing, and commercializing therapeutics for men's health issues. It operates mainly through the business segments of Prescription Medications

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top