Texas Instruments Inc. Profit Climbs In Q2, Beats Estimates

(RTTNews) - Texas Instruments Inc. (TXN) announced earnings for its second quarter that Increases, from last year and beat the Street estimates.

The company's bottom line totaled $1.295 billion, or $1.41 per share. This compares with $1.127 billion, or $1.22 per share, last year.

Analysts on average had expected the company to earn $1.33 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 16.4% to $4.448 billion from $3.822 billion last year.

Texas Instruments Inc. earnings at a glance (GAAP) :

-Earnings: $1.295 Bln. vs. $1.127 Bln. last year. -EPS: $1.41 vs. $1.22 last year. -Revenue: $4.448 Bln vs. $3.822 Bln last year.

-Guidance: Next quarter EPS guidance: $1.36 - $1.60 Next quarter revenue guidance: $4.45 - $4.80 Bln