Loading...
•
Mar 31, 2020
Texas Instruments Q1 2020 Earnings Report
Texas Instruments reported a decrease in revenue and earnings per share compared to the same quarter a year ago, impacted by lower demand in Analog and Embedded Processing segments.
Key Takeaways
Texas Instruments reported first quarter revenue of $3.33 billion, net income of $1.17 billion and earnings per share of $1.24. EPS included a 10-cent benefit for items not in the company's original guidance. Revenue decreased 7% from the same quarter a year ago, with Analog revenue declining 2% and Embedded Processing declining 18%.
First quarter revenue was $3.33 billion, a decrease of 7% year-over-year.
Net income for the quarter was $1.17 billion, with earnings per share of $1.24.
Analog revenue decreased by 2% and Embedded Processing revenue decreased by 18% compared to the same quarter a year ago.
The company returned $6.6 billion to owners in the past 12 months through stock repurchases and dividends.
Texas Instruments
Texas Instruments
Texas Instruments Revenue by Segment
Revenue by Segment
Analog Revenue
CapyFin.comEmbedded Processing Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
TI’s second quarter outlook is for revenue in the range of $2.61 billion to $3.19 billion, and earnings per share between $0.64 and $1.04, which includes an estimated $10 million discrete tax benefit. We expect our annual operating tax rate to be about 14% in 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income