Texas Instruments Stock Slides as Earnings Forecast Underwhelms

Published January 23, 2025

04:28 PM EST

Texas Instruments (TXN) reported fourth-quarter profits that topped analysts’ estimates, but its earnings outlook fell short of expectations, sending shares lower after the bell Thursday.

The analog chipmaker posted fourth-quarter revenue of $4.01 billion, down 2% year-over-year but above the analyst consensus compiled by Visible Alpha. Its net income of $1.21 billion, or $1.30 per share, fell from $1.37 billion, or $1.49 per share, a year earlier and also topped projections.

However, the company said it anticipates first-quarter earnings per share of between 94 cents and $1.16, below the $1.17 analysts were looking for.

Shares of Texas Instruments fell close to 4% in extended trading Thursday following the release. They were up about 20% over the past year through Thursday’s close.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.