00:00It's Benzinga bringing Wall Street to Main Street.
00:02Texas Instruments reported better than expected first quarter results Wednesday,
00:06that according to Benzinga. Revenue reached $4.07 billion versus the $3.91 billion estimate.
00:12Earnings per share landed at $1.28, topping the $1.07 consensus. Revenue rose 11% year-over-year
00:18and 2% sequentially, with all markets growing except personal electronics, which face seasonal
00:23weakness. For Q2, the company guided revenue between $4.17 billion and $4.53 billion.
00:28EPS between $1.21 and $1.47. Both ranges ahead of straight expectations. Management emphasized
00:35the importance of maintaining flexible, geopolitically dependable capacity to meet
00:40evolving supply chain demands. executives expressed confidence in their positioning,
00:44but noted they remained cautious amid ongoing macroeconomic changes. Shares rose 5.15%
00:51after hours. For all things money, visit Benzinga.com slash GSTV.
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