Texas Instruments Delivers Another Strong Showing
First-quarter performance was business as usual.
After its shares recovered more than 15% on Monday, Texas Instruments' (TXN) first-quarter earnings should give investors even more reason for celebration.
Texas Instruments reported strong quarterly results yet again after the markets closed Monday, driven by strong semiconductor growth across almost all of its primary lines of business. The company posted earnings per share of $0.55, before one-time charges. The results were 4%, or $0.02 better than the average analyst estimate of $0.53 per share.
Jeremy Lopez does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.