Texas Instruments Inc (NASDAQ:TXN) reported second-quarter results after the market close on Wednesday. Here’s what you need to know from the print.
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Texas Instruments Q2 Key Details
Texas Instruments reported second-quarter revenue of $5.46 billion, beating analyst estimates of $5.25 billion. The semiconductor company posted second-quarter earnings of $2.14 per share, beating analyst estimates of $1.92 per share, according to Benzinga Pro.
Total revenue was up 23% year-over-year, led by growth in industrial, data center and automotive. Texas Instruments reported $8.7 billion in cash flow from operations over the trailing 12 months, and $6.5 billion of free cash flow over the same period.
