According to foreign media reports, Texas Instruments (NASDAQ: TXN) announced today that as of 30 June 2013 second quarter earnings. It is reported at second quarter of 2013, revenue of Texas Instruments reached $ 3.05 billion , over last year's $ 3.335 billion declined 9%; net profit reached $ 660 million, compared with last year's $ 446 million increased by 48%. Results, due to automobile manufacturers and communications industry on the TI chip demand, coupled with Texas Instruments' second-quarter revenue and close to Wall Street analysts expected third-quarter revenue growth is also expected to exceed the level of some analysts. After-hours trading on the day the stock market, Texas Instruments shares showing up momentum.Texas Instruments second-quarter revenue of $ 3.05 billion, compared with $ 3.335 billion the same period last year fell by 9%, slightly lower than industry analysts expected $ 3.06 billion.Texas Instruments second-quarter operating profit of $ 906 million, compared with $ 598 million last year grew by 52%.Texas Instruments second-quarter net profit of $ 660 million, compared with $ 446 million last year an increase of 48%; profit of $ 0.58 per diluted share, compared with $ 0.38 last year grew by 53%, but also exceeded the industry analyst expected $ 0.41.Texas Instruments second-quarter operating activities generated cash flow reached $ 674 million, capital expenditures of $ 97 million, free cash flow of $ 577 million.Texas Instruments second-quarter dividend paid to shareholders totaled $ 309 million for the repurchase of stock funds $ 721 million. |
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Texas Instruments Has Net Profit Of $ 660 Millions At Q2