Texas Instruments Q3 2020 Earnings Report
Key Takeaways
Texas Instruments reported Q3 2020 financial results with revenue of $3.82 billion, net income of $1.35 billion, and earnings per share of $1.45. Revenue increased 18% sequentially and 1% year-over-year, driven by strength in automotive and personal electronics demand. The company returned $6.4 billion to owners in the past 12 months through stock repurchases and dividends.
Revenue increased 18% sequentially with notable strength from the rebound of automotive demand and growing demand from personal electronics.
Revenue increased 1% from the same quarter a year ago.
Analog revenue grew 18% and Embedded Processing grew 19% sequentially.
Analog revenue grew 7% and Embedded Processing declined 10% from a year ago.
Texas Instruments
Texas Instruments
Texas Instruments Revenue by Segment
Forward Guidance
TI’s fourth quarter outlook is for revenue in the range of $3.41 billion to $3.69 billion, and earnings per share between $1.20 and $1.40.
Revenue & Expenses
Visualization of income flow from segment revenue to net income