As a seasoned gamer with a penchant for tech stocks and a knack for predicting market trends, I can’t help but feel a sense of satisfaction seeing Texas Instruments (TXN) beat both earnings and revenue expectations for Q3 2024.
As a devoted fan, I’m thrilled to share that Texas Instruments (TXN) has just disclosed their Q3 2024 earnings, and here’s some fantastic news! The semiconductor giant not only surpassed but outright crushed the projected earnings for the quarter, leaving us all impressed. Additionally, they exceeded revenue expectations as well, making this a truly remarkable performance.
Today, after market hours, Texas Instruments unveiled its Q3 2024 earnings report, revealing a revenue of approximately $4.15 billion, slightly surpassing the projected $4.1 billion. For EPS, Texas Instruments recorded an earnings of $1.47 per share, outperforming the anticipated $1.38.
According to Haviv Ilan, the CEO of Texas Instruments, the estimated revenue for the fourth quarter is expected to fall between $3.70 billion and $4.00 billion. Additionally, earnings per share are projected to range from $1.07 to $1.29. Furthermore, the company anticipates that the effective tax rate for the fourth quarter will be approximately 13%.
Texas Instruments (TXN) shares experienced a temporary decrease in post-market trading, but subsequently surged, reaching a peak of $197.00. Keep up with the latest news where tech meets finance by visiting Shacknews.
Read More
- Best Heavy Tanks in World of Tanks Blitz (2025)
- Here Are All of Taylor Swift’s Albums in Order of Release Date (2025 Update)
- Stellar Blade New Update 1.012 on PS5 and PC Adds a Free Gift to All Gamers; Makes Hard Mode Easier to Access
- [FARM COSMETICS] Roblox Grow a Garden Codes (May 2025)
- [Guild War V32] Cultivation: Mortal to Immortal Codes (June 2025)
- Delta Force Redeem Codes (January 2025)
- Beyoncé Flying Car Malfunction Incident at Houston Concert Explained
- DBD July 2025 roadmap – The Walking Dead rumors, PTB for new Survivors, big QoL updates, skins and more
- Criminal Justice Season 4 Episode 8 Release Date, Time, Where to Watch
- Gold Rate Forecast
2024-10-22 23:57