Texas Instruments GAAP EPS of $2.47 beats by $0.08, revenue of $5.24B beats by $100M, guides below Q4 consensus

Oct. 25, 2022 4:02 PM ETTexas Instruments Incorporated (TXN)By: Gaurav Batavia, SA News Editor13 Comments
  • Texas Instruments press release (NASDAQ:TXN): Q3 GAAP EPS of $2.47 beats by $0.08.
  • Revenue of $5.24B (+12.9% Y/Y) beats by $100M.
  • Shares -4%.
  • TI's fourth quarter outlook is for revenue in the range of $4.40 billion to $4.80 billion (vs. $4.94B consensus) and earnings per share between $1.83 and $2.11 (vs. $2.26 consensus). We continue to expect our 2022 effective tax rate to be about 14%.

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