Texas Instruments Logs Higher 1Q Profit, Revenue — Update
By Christopher Kuo
Texas Instruments recorded higher profit and revenue in the fiscal first quarter led by growth in its industrial and data-center businesses.
The semiconductor company on Wednesday also issued guidance for the current quarter that topped Wall Street analysts' expectations.
The company's shares rose 7.9% in after-hours trading to $254.91. The stock closed up 1.3% at $236.31.
Texas Instruments posted a profit of $1.55 billion, or $1.68 a share, compared with $1.18 billion, or $1.28 a share, a year earlier.
Revenue rose 19% to $4.83 billion. Analysts surveyed by FactSet forecast revenue of $4.53 billion.
The company invested $3.9 billion in research and development and selling, general and administrative expenses in the past 12 months. Texas Instruments also invested $4.1 billion in capital expenditures during that time.
The company expects second-quarter revenue in the range of $5.00 billion to $5.40 billion and earnings per share between $1.77 and $2.05. Analysts polled by FactSet are expecting second-quarter revenue of $4.86 billion and earnings of $1.57 a share.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
April 22, 2026 16:48 ET (20:48 GMT)
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