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Shares of Texas Instruments (NASDAQ:TXN) fell after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 38.51% over the past year to $2.05, which beat the estimate of $1.82.
Revenue of $4,580,000,000 rose by 41.40% year over year, which beat the estimate of $4,350,000,000.
Guidance
Texas Instruments Sees Q3 EPS $1.87-$2.13 vs $1.97 Est., Sales $4.4B-$4.76B vs $4.58B Est.
Details Of The Call
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Date: Jul 21, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/ndnuzc9v
Technicals
Company's 52-week high was at $197.58
52-week low: $125.43
Price action over last quarter: Up 6.53%
Company Overview
Dallas-based Texas Instruments generates about 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in digital signal processors, used in wireless communications, and microcontrollers used in a wide variety of electronics applications.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.