Texas Instruments GAAP EPS of $1.87 beats by $0.10, revenue of $4.53B beats by $160M
Texas Instruments press release  (NASDAQ:TXN): Q2  GAAP EPS of $1.87  beats by $0.10.
Revenue of $4.53B (-13.1% Y/Y)  beats by $160M.
Shares -2.5%.
TI's third quarter outlook is for revenue in the range of $4.36 billion to $4.74 billion vs $4.59B consensus and earnings per share between $1.68 and $1.92 vs $1.91 consensus. We continue to expect our 2023 effective tax rate to be about 13% to 14%.Â