Texas Instruments Q3: ~80% of the $1.33B revenue gain fell to net income; Q4 guide midpoint is flat vs Q3
Texas Instruments (TXN) reported Q3 after the close Wednesday: revenue up 28% to $6.06B, net income up 78% to $2.43B, data center sales up 95%.
The wild part: revenue grew ~$1.33B and net income grew ~$1.07B, so ~80 cents of every new dollar hit the bottom line. But the Q4 guide midpoint ($6.05B) is basically flat with Q3.
https://x.com/Benzinga/status/2113013705956884938
Sources: @WOLF_Financial: TXN revenue $6.06B, op profit $2.87B (+73% YoY), net income $2.43B (+78% YoY) · @financialjuice: Texas Instruments data center revenue up 95% YoY · X story: TI Q3 revenue +28% to $6.06B; Q4 guide $5.80B-$6.30B
Not financial advice. For informational and educational purposes only.
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