© Reuters. Texas Instruments beat Q3 earnings and revenue forecasts
Texas Instruments published its reports for the third quarter, which was higher than expectations and revenues that exceeded the estimates of the analysts.
The company posted earnings per share of $2.45 and revenue of $5.24. Investing.com analysts had estimated earnings per share of $2.39 and revenue of $5.14B.
The share price of Texas Instruments has fallen by about 13% since the beginning of the year, the price is still about 19.83% lower than its peak in the last 52 weeks which was $202.26 and was set on October 25, 2021.
After the publication of the report, Texas Instruments shed 4.42% and is trading at $155.00 in after-hours trading hours.
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