Texas Instruments Y/Y Revenues Down 10%, “Markets Stabilizing”
Texas Instruments (TXN) reported Q4 2019 earnings after the market close with revenues coming in at $3.35 billion, net income of $1.07 billion and earnings per share of $1.12. The earnings release beat expectations but the stock is 1 percent lower in after-hours on punk guidance. TI’s chairman, president and CEO, made the following comments: …