Texas Instruments: Q2 EPS down 24%

(CercleFinance.com) - On Tuesday evening, Texas Instruments reported EPS of $1.
87 for Q2 2023, down 24% y-o-y, with revenues of $4.53bn, down 13%. NB: pmt -5%.

"Similar to last quarter, we experienced weakness across our end markets with the exception of automotive," said CEO Haviv Ilan, who nevertheless points to operating FCF of $7.4bn over the past 12 months.

For Q3, the semiconductor manufacturer expects sales of 4.36 to 4.74 billion dollars, and EPS of $1.68 to $1.92.


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