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Texas Instruments Earnings, Revenue Beat in Q1

Investing.com - Texas Instruments (NASDAQ:TXN) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that topped forecasts.

The firm reported earnings per share of $1.22 on revenue of $3.59B. Analysts polled by Investing.com expected EPS of $1.13 on revenue of $3.48B. That compared to EPS of $1.35 on revenue of $3.79B in the same period a year earlier. The company had reported EPS of $1.27 on revenue of $3.72B in the previous quarter.

Texas Instruments shares gained 4.02% to trade at $121.06 in after-hours trade following the report.

Texas Instruments follows other major Technology sector earnings this month


On April 17, Taiwan Semiconductor reported first quarter EPS of $0.38 on revenue of $7.09B, compared to forecasts of EPS of $0.4 on revenue of $7.14B.

IBM earnings Beat analysts' expectations on April 16, with first quarter EPS of $2.25 on revenue of $18.18B. Investing.com analysts expected EPS of $2.22 on revenue of $18.47B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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