NEWS: Texas Instrument second quarter net profit exceed market expectation

Source: Internet
Author: User
Beijing time July 21 morning news, according to foreign media reports, Texas Instruments Company (TXN) after the close of the U.S. stock closed announced that the second quarter of the net profit of 260 million U.S. dollars, 20 cents per share. The profit for the same period last year was 588 million dollars, 44 cents per share. Total quarterly revenues totaled 2.46 billion dollars, down from $3.35 billion a year earlier. The net profit per share of the German instrument is 25 cents after the amendment is made to the special project. According to the Thomson-Reuters survey, Wall Street analysts have averaged 18 cents a share in the second quarter, with revenues of about $2.4 billion trillion. Analysts ' expectations usually do not include special projects.  German instrument is a well-known chip manufacturer, its headquarters is located in Dallas. In the Monday stock Exchange, Germany's shares on the New York Stock Exchange rose 60 cents to $23.61, or 2.61%. After the announcement, as of 4:42 (Beijing time Tuesday 4:42 A.M.), the unit fell 3 cents to 23.58 US dollars and a 0.13% decline in trading.

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