Texas Instruments stock declines as weak outlook overshadows earnings beat

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Texas Instruments Inc. shares declined in the extended session Tuesday after the chip maker's cautious outlook overshadowed its earnings beat.

Texas Instruments Inc. shares declined in the extended session Tuesday after the chip maker’s cautious outlook overshadowed its earnings beat.

Texas Instruments TXN shares declined 2% after hours, following a 3.7% decline to close the regular session at $169.39. Revenue fell to $4.38 billion from $4.91 billion in the year-ago quarter given “weakness across our end markets with the exception of automotive, as expected.”

 

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