Texas Instruments Beats Q2 Estimates But Stock Falls in Extended Trading
Earnings·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Texas Instruments Inc., the biggest maker of analog and embedded processing chips, gave a forecast that topped estimates but failed to excite investors, who have bid up the company’s shares this year.
Texas Instruments beat Wall Street's targets for the second quarter and guided higher than views for the current period. But TXN stock fell in extended trading.
Texas Instruments
Sources
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SourceReports the news
“Texas Instruments Inc., the biggest maker of analog and embedded processing chips, gave a forecast that topped estimates but failed to excite investors, who have bid up the company’s shares this year.”
Bloomberg — Texas Instruments Gets Lukewarm Reaction to Upbeat Forecast“Texas Instruments beat Wall Street's targets for the second quarter and guided higher than views for the current period.”
IBD — Texas Instruments Delivers Beat-And-Raise Earnings Report, But Stock Falls Late