Texas Instruments stock declines as weak outlook overshadows earnings beat

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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.

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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 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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