Texas Instruments (TXN) Tops Q3 EPS by 2c
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TI reports third quarter 2021 financial results and shareholder returns
October 26, 2021 4:01 PM EDTDALLAS, Oct. 26, 2021 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported third quarter revenue of $4.64 billion, net income of $1.95 billion and earnings per share of $2.07.
Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:
"Revenue increased 22% from the same quarter a year ago due to strong demand in industrial, automotive and personal electronics. Analog revenue grew 24% and Embedded Processing grew 13% from the same quarter a year ago. "Our cash flow from operations of $8.5... More