Texas Instruments Q3 2022 Earnings Report
Key Takeaways
Texas Instruments reported Q3 2022 revenue of $5.24 billion, net income of $2.30 billion, and earnings per share of $2.47. Revenue increased 1% sequentially and 13% year-over-year. The company experienced weakness in personal electronics and expanding weakness across industrial.
Revenue increased 1% sequentially and 13% from the same quarter a year ago.
Experienced weakness in personal electronics and expanding weakness across industrial during the quarter.
Cash flow from operations was $9.0 billion for the trailing 12 months.
Free cash flow for the same period was $5.9 billion, 29% of revenue.
Texas Instruments
Texas Instruments
Texas Instruments Revenue by Segment
Forward Guidance
TI's fourth quarter outlook is for revenue in the range of $4.40 billion to $4.80 billion and earnings per share between $1.83 and $2.11. The company continues to expect its 2022 effective tax rate to be about 14%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income