Texas Instruments stock declines as weak outlook overshadows earnings beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines