secwatch.observer — SEC 8-K summary
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Issuer:     TEXAS INSTRUMENTS INC (TXN)
CIK:        0000097476
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000097476-24-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TI Q4 revenue -13% YoY to $4.08B, EPS $1.49; guides Q1 revenue $3.45-3.75B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97476/000009747624000004/0000097476-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97476/000009747624000004/txn-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000097476-24-000004

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