Texas Instruments: Q1 net income up by a half

(CercleFinance.com) - On Tuesday night Texas Instruments reported net income that is up 49% at 1.
75 billion dollars for the first three months of 2021, i.e. EPS of 1.87 dollar per share, which is well ahead of the consensus.

Its revenues were boosted by industrial, automotive and consumer demand, rose by 29% to 4.29 billion dollars, with increases of 33% in analog revenue and 17% in embedded processing.

Regarding its outlook for the current quarter, the Dallas-based electronics group said it expects EPS of between 1.68 to 1.92 dollar and revenue of 4.13 to 4.47 billion dollars.


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