News Formal

Texas Instruments’ stock slips as outlook overshadows earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

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

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

The company reported second-quarter net income of $1.72 billion, or $1.87 a share, compared with $2.29... Texas Instruments Inc. shares fell in the extended session Tuesday after the chip maker’s outlook overshadowed its earnings beat. The company reported second-quarter net income of $1.72 billion, or $1.87 a share, compared with $2.29 billion, or $2.45 a share, in the year-ago period. Revenue declined to $4.53 billion from $5.21 billion in the year-ago period, as analog revenue fell 18% to $3.28 billion and embedded revenue rose 9% to $894 million.Analysts had forecast sales of analog electronics, which convert real-world data such as sound or temperature into digital data, to fall to $3.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Auto chip maker NXP tops expectations ahead of Texas Instruments earningsNXP Semiconductors NV shares rose in the extended session Monday after the chip maker topped Wall Street expectations.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »