secwatch.observer — SEC 8-K summary
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Issuer:     TEXAS INSTRUMENTS INC (TXN)
CIK:        0000097476
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0000097476-24-000029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TI reports Q2 revenue $3.82B (-16% YoY); EPS $1.22 (includes $0.05 benefit above guidance)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97476/000009747624000029/0000097476-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97476/000009747624000029/txn-20240723.htm
  HTML page:      https://secwatch.observer/filing/0000097476-24-000029

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