earnings
confidence high
sentiment negative
materiality 0.75
TI Q4 revenue -13% YoY to $4.08B, EPS $1.49; guides Q1 revenue $3.45-3.75B
TEXAS INSTRUMENTS INC
2023-FY EPS reported
$7.07
revenue$17,519,000,000
- Q4 revenue $4.08B (-13% YoY, -10% QoQ); net income $1.37B, EPS $1.49 (incl. 3c benefit).
- Full-year 2023 revenue $17.52B (down 12.5% YoY); net income $6.51B, EPS $7.07 vs $9.41 in 2022.
- Free cash flow trailing 12M $1.35B, down 77% from $5.92B; capex $5.07B (+81%).
- Q1 2024 guidance: revenue $3.45-3.75B, EPS $0.96-1.16, weak vs Q4 and prior year.
- Management cites weakness across industrial and sequential decline in automotive.