Texas Instruments (NASDAQ:TXN) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.29 on revenue of $3.67B. Analysts polled by expected EPS of $1.22 on revenue of $3.6B. That compared to EPS of $1.4 on revenue of $4.02B in the same period a year earlier. The company had reported EPS of $1.26 on revenue of $3.59B in the previous quarter.
Texas Instruments follows other major Technology sector earnings this month
On Thursday, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.
Taiwan Semiconductor earnings matched analysts' expectations on Thursday, with second quarter EPS of $0.41 on revenue of $7.76B. analysts expected EPS of $0.41 on revenue of $7.62B
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