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Investing.com - Texas Instruments reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Texas Instruments announced earnings per share of $2.33 on revenue of $4.91B. Analysts polled by Investing.com EPS of $2.18 on revenue of $4.74B.
Texas Instruments 's are down 10% and is trading at $154.00 , still down 16.72% from its 52 week high of $202.26 set on Monday, October 25, 2021.
Texas Instruments shares lost 8.57% to trade at $154.00 in after-hours trade the report.
Texas Instruments follows other major Information Technology sector earnings this month
Texas Instruments's report follows an earnings beat by Taiwan Semiconductor on Thursday, April 14, 2022, who reported EPS of $1.35 on revenue of $16.94B, EPS of $1.27 on revenue of $16.73B.
ASML ADR had missed expectations on Wednesday, April 20, 2022 with first quarter EPS of $1.88 on revenue of $3.84B, for EPS of $1.94 on revenue of $3.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar