Texas Instruments GAAP EPS of $2.47 beats by $0.08, revenue of $5.24B beats by $100M, guides below Q4 consensus
Texas Instruments press release  (NASDAQ:TXN): Q3  GAAP EPS of $2.47  beats by $0.08.
Revenue of $5.24B (+12.9% Y/Y)  beats by $100M.
Shares -4%.
TI's fourth quarter outlook is for revenue in the range of $4.40 billion to $4.80 billionÂ (vs. $4.94B consensus)Â and earnings per share between $1.83 and $2.11 (vs. $2.26 consensus). We continue to expect our 2022 effective tax rate to be about 14%.