Texas Instruments: 21% drop in Q3 EPS
(CercleFinance.com) - On Tuesday evening, Texas Instruments reported a 21% drop in Q3 2024 EPS to $1.
47, inflated by three cents due to an exceptional item that was not anticipated in its target range of $1.24 to $1.48. NB: pmt +3.6%.
At $4.15bn, revenues fell 8% y-o-y, but were up 9% sequentially, with a decline in industrial more than offset by gains in all other end-markets.
The Dallas-based semiconductor manufacturer says it expects Q4 2024 sales of $3.70bn to $4bn, and EPS of $1.07 to $1.29.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
47, inflated by three cents due to an exceptional item that was not anticipated in its target range of $1.24 to $1.48. NB: pmt +3.6%.
At $4.15bn, revenues fell 8% y-o-y, but were up 9% sequentially, with a decline in industrial more than offset by gains in all other end-markets.
The Dallas-based semiconductor manufacturer says it expects Q4 2024 sales of $3.70bn to $4bn, and EPS of $1.07 to $1.29.
Copyright (c) 2024 CercleFinance.com. All rights reserved.