Home » Posts tagged with "electronics"
Texas Instruments Tops Wall Street Estimates
Texas Instruments has exceeded analysts expectations this quarter.
January 24, 2012- Signs appear to show the components market may be bottoming out. Texas Instruments released quarterly earnings on Monday that beat Wall Street analysts’ expectations. Its stock rose nearly 5% in extended trading.
Net income dropped by 68% to nearly $298 million or $0.25 per share. The prior year’s fourth quarter net income was $942 million or $0.78 per share. Nevertheless, the drop was not as much as what Wall...