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XenaLives

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Tuesday, 01/23/2024 8:50:29 PM

Tuesday, January 23, 2024 8:50:29 PM

Post# of 146


Texas Instruments sees first-quarter revenue between $3.45 billion and $3.75 billion, much lower versus the $4.06 billion estimate, while earnings are anticipated to be between 96 cents and $1.16 per share.

Haviv Ilan, TI's president and CEO, shed some light on the earnings report: "Revenue decreased 10% sequentially and 13% from the same quarter a year ago. During the quarter, we experienced increasing weakness across industrial and a sequential decline in automotive."


https://finance.yahoo.com/news/texas-instruments-stock-slides-hours-234604129.html

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