Texas Instruments (NASDAQ:TXN) reported Q2 diluted earnings of $1.87, down from $2.45 a year earlier.
Analysts surveyed by Capital IQ expected $1.77.
Revenue for the quarter ended June 30 was $4.53 billion, down from $5.21 billion a year earlier.
Analysts surveyed by Capital IQ expected $4.37 billion.
The company said it expects Q3 earnings of $1.68 to $1.92. Analysts surveyed by Capital IQ expect $1.92. The company expects revenue for the quarter of $4.36 billion to $4.74 billion. Analysts surveyed by Capital IQ expect $4.59 billion.