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Investing.com - Texas Instruments reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Texas Instruments announced earnings per share of $2.31 on revenue of $4.83B. Analysts polled by Investing.com EPS of $1.95 on revenue of $4.43B.
Texas Instruments 's are down 14% and is trading at $183.48 , still down 13.99% from its 52 week high of $202.26 set on Monday, October 25, 2021.
Texas Instruments shares gained 5.47% to trade at $183.48 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 Microsoft on Tuesday, who reported EPS of $2.48 on revenue of $51.73B, EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor had beat expectations on Thursday, January 13, 2022 with fourth quarter EPS of $1.16 on revenue of $15.85B, for EPS of $1.12 on revenue of $15.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar