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Texas Instruments +2.6% after Q2 beat, positive guidance

Published 07/25/2017, 04:20 PM
© Reuters.  Texas Instruments +2.6% after Q2 beat, positive guidance
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  • Texas Instruments (NYSE:TXN) reports Q2 results with beats on revenue and EPS. In the key segments, Analog revenues were up 18% to $2.4B, and Embedded Processing sales were up 15% to $868M. Other, which includes calculators and DLP products, had the only revenue drop, down 13% to $414M.
  • Cash flow from operations reported at $4.6B for the trailing twelve months. Trailing FCF was $4B or 28.5% or revenue. Texas Instruments ended the quarter with $3B in cash and equivalents.
  • Q3 guidance has revenue between $3.74B and $4.06B and EPS from $1.04 to $1.18. Consensus estimates have revenue at $3.8B and EPS at $1.05.
  • Press release.
  • Texas Instruments shares are up 2.6% aftermarket.
  • Previously: Texas Instruments beats by $0.07, beats on revenue (July 25)
  • Now read: Nordic Semiconductor's Renewed Growth Has Melted Some Of The Skepticism


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