Texas Instruments GAAP EPS of $2.45 beats by $0.33, guides above Q3 consensus
Texas Instruments press release  (NASDAQ:TXN): Q2  GAAP EPS of $2.45  beats by $0.33.
Revenue of $5.21B (+13.8% Y/Y)  beats by $560M.
Shares +6%.
"TI's third quarter outlook is for revenue in the range of $4.90 billion to $5.30 billionÂ vs. $4.65B consensusÂ and earnings per share between $2.23 and $2.51 vs. $2.15 consensus. We expect our 2022 effective tax rate to be about 14%."