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Reported third-quarter revenue of $3.50 billion, net income of $826 million
October 23, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Texas Instruments (TI) reported third-quarter revenue of $3.50 billion, net income of $826 million and earnings per share of 76 cents. “Revenue for the quarter was solidly in the upper half of our expected range and earnings were at the top of the range, marking another quarter of strong progress and execution,” said Rich Templeton, TI’s chairman, president and CEO. “We delivered 8% year-over-year revenue growth. Analog and Embedded Processing comprised 82% of third-quarter revenue. Gross mar...
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