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Investing.com -- Texas Instruments Incorporated (NASDAQ:TXN) saw its stock jump 5.9% after reporting first quarter earnings that exceeded analyst expectations and providing an optimistic outlook for the second quarter.
The semiconductor company posted adjusted earnings per share of $1.28 for Q1 2025, beating the analyst consensus of $1.06 by $0.22. Revenue came in at $4.07 billion, surpassing estimates of $3.91 billion and representing an 11% increase YoY.
Texas Instruments’ strong performance was driven by growth across most of its markets, with the exception of a seasonal decline in personal electronics. The company’s president and CEO, Haviv Ilan, noted, "Revenue increased 11% from the same quarter a year ago and increased 2% sequentially. All of our markets grew sequentially with the exception of a seasonal decline in personal electronics."
Looking ahead, Texas Instruments provided upbeat guidance for the second quarter. The company expects Q2 revenue in the range of $4.17 billion to $4.53 billion, with the midpoint of $4.35 billion above the analyst consensus of $4.12 billion. Q2 EPS is projected between $1.21 and $1.47, also above the $1.20 consensus estimate.
The company’s cash flow from operations reached $6.2 billion for the trailing 12 months, highlighting the strength of its business model. Texas Instruments also returned $6.4 billion to shareholders through dividends and stock repurchases over the past year.