earnings
confidence high
sentiment negative
materiality 0.75
TI reports Q2 revenue $3.82B (-16% YoY); EPS $1.22 (includes $0.05 benefit above guidance)
TEXAS INSTRUMENTS INC
2024-Q2 EPS reported
$2.42
revenue$7,483,000,000
- Revenue $3.82B (-16% YoY, +4% sequential); net income $1.13B; EPS $1.22 (includes $0.05 benefit above original guidance).
- Free cash flow (TTM) $1.49B, down 53% YoY; operating cash flow $6.45B (-12%); capex $4.96B (+18%).
- Analog revenue $2.93B (-11% YoY); Embedded Processing $615M (-31%); Industrial & automotive continued to decline sequentially.
- Q3 2024 outlook: revenue $3.94-4.26B, EPS $1.24-1.48; effective tax rate ~13%.
- Shareholder returns: dividends $1.185B paid in Q2; stock repurchases $71M; total returned $4.86B TTM.