secwatch.observer — SEC 8-K summary
======================================

Issuer:     TEXAS INSTRUMENTS INC (TXN)
CIK:        0000097476
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000097476-23-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TI Q1 revenue down 11% to $4.38B, EPS $1.85; Q2 rev guided $4.17-4.53B
----------------------------------------------------------------------

- Revenue $4.38B, net income $1.71B, EPS $1.85 (down 21% YoY); operating profit $1.93B (-25%).
- Analog segment revenue $3.29B (-14% YoY); Embedded Processing up 6% to $832M.
- Trailing 12M free cash flow $4.4B (22.6% of revenue) vs 34% a year ago.
- Q2 guidance: revenue $4.17-4.53B, EPS $1.62-1.88; tax rate 13-14%.
- CapEx $3.3B trailing 12M (+28% YoY) as TI expands 300-mm manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/0000097476-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97476/000009747623000023/txn-20230425.htm
  HTML page:      https://secwatch.observer/filing/0000097476-23-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer