Flexible Electronics News

TI Reports 4Q 2013, FY 2013 Results

Operating profit was $2,832 million for 2013, up 44 percent from 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Texas Instruments reported fourth-quarter revenue of $3.03 billion, up 2% from $2,979 in 2012’s fourth quarter.. Net income was $511 million and earnings per share of 46 cents. Results include charges of $49 million, which reduced earnings by 3 cents per share, for a restructuring action that was not included in the company’s prior guidance. Overall revenue for 2013 was $12,205 million, down 5% from 2012. Operating profit in the fourth quarter was $687 million, up 394% from 2012, and was $2,...

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