Reported about 4 hours ago
Texas Instruments (TXN) reported stronger-than-expected fourth-quarter profits, with revenue of $4.01 billion and net income of $1.21 billion. However, its earnings outlook for the first quarter fell short of analyst expectations, predicting earnings per share between 94 cents and $1.16 compared to the expected $1.17. This led to a nearly 4% drop in the stock price during extended trading on Thursday.
Source: YAHOO