Texas Instruments

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.

Texas Instruments (NASDAQ:TXN) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.78 . This is a 21.28 percent decrease over earnings of $2.35 per share from the same period last year. The company reported quarterly sales of $4.38 billion which missed the analyst consensus estimate of $4.38 billion. This is a 10.72 percent decrease over sales of $4.91 billion the same period last year.