Texas Instruments: Q4 down 30%

(CercleFinance.com) - On Tuesday evening Texas Instruments reported Q4 2023 EPS that is down 30% to $1.
49 and revenues that fell 13% to $4.08bn, due to increasing weakness in industrial and a sequential decline in automotive.

Our $6.4bn cash flow from operations over the last 12 months once again underlined the strength of our business model, the quality of our product portfolio and the benefits of 300 mm production, management moderates, however.

For Q1, the semiconductor manufacturer expects sales of $3.45bn to $3.75bn, and EPS of between $0.96 and $1.16.


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