Texas Instruments Inc

TXN

Equity

ISIN US8825081040 / Valor 976910

NASDAQ (2024-11-20)

USD 198.19-1.43%

Texas Instruments Inc
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About company

Texas Instruments Inc. (TI) is a leading global semiconductor company with a long-standing history in the development, manufacturing, and sale of analog and embedded processing chips. These products are integral to a wide range of applications, enabling efficient power management, precise data sensing and transmission, and serving as the foundational control or processing units in various electronic designs. TI's semiconductors play a critical role across several key industries, including industrial, automotive, personal electronics, communications equipment, and enterprise systems. By focusing on these areas, Texas Instruments addresses a broad spectrum of market needs, providing essential components that underpin the functionality of modern electronic devices and systems.

Summarized from source with an LLMView SourceSector: Technology

Revenue Decline

In the first quarter of 2024, Texas Instruments Inc. reported a revenue of $3.66 billion, which represents a 16% decrease from the same quarter in the previous year. The revenue also declined by 10% sequentially, affecting all end markets.

Net Income and Earnings Per Share

Texas Instruments Inc. achieved a net income of $1.11 billion in Q1 2024, translating to earnings per share (EPS) of $1.20. This EPS includes a 10-cent benefit from items not originally included in the company's guidance.

Cash Flow and Investments

For the trailing 12 months ending in Q1 2024, Texas Instruments Inc. generated $6.3 billion in cash flow from operations. The company invested $3.7 billion in R&D and SG&A, and $5.3 billion in capital expenditures, while returning $4.8 billion to shareholders.

Free Cash Flow

Texas Instruments Inc. reported a free cash flow of $940 million for the trailing 12 months ending in Q1 2024. This represents a significant decrease of 79% compared to the same period in the previous year, primarily due to increased capital expenditures.

Second Quarter Outlook

For the second quarter of 2024, Texas Instruments Inc. projects revenue to be in the range of $3.65 billion to $3.95 billion. The company also expects earnings per share to be between $1.05 and $1.25, with an effective tax rate of about 13%.

Summarized from source with an LLMView Source

Key figures

27.4%1Y

1.55%3Y

70.5%5Y

Performance

27.2%1Y

27.9%3Y

31.2%5Y

Volatility