My Thoughts on Texas Instruments' Earnings
The semiconductor market continues to be affected by the vast demand outpacing supply. Today's video focuses on Texas Instruments (NASDAQ: TXN) and its most recent earnings reported on Jan. 25, after the market closed. Here are some highlights from the video.
- Revenue for the quarter was $4.83 billion, up 19% year over year. During the earnings call, Texas Instruments mentioned how it is focusing on increasing its internal manufacturing capacity to help improve the imbalance of demand and supply.
- Management provided a revenue outlook of $4.5 billion to $4.9 billion for the upcoming quarter, with a significant focus on its industrial and automotive products. The industrial and automotive markets represented roughly 62% of total revenue for 2021.
- For the full year of 2021, Texas Instruments had a free cash flow of $6.3 billion, representing 34% of total revenue. The cash flow was used to return $4.4 billion to investors in dividends and buybacks.
Click the video below for my full thoughts and analysis.
*Stock prices used were the premarket prices of Jan. 26, 2022. The video was published on Jan. 26, 2022.
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