AI English summary of an SEC filing — figures as filed
The company said it reported revenue of $3.66 billion, net income of $1.11 billion and earnings per share of $1.20 for Q1 2024, and that earnings per share included a 10 cents benefit from items that were not in its original guidance.
Key points
AI summaryThe company said it reported revenue of $3.66 billion, net income of $1.11 billion and earnings per share of $1.20 for Q1 2024, and that earnings per share included a 10 cents benefit from items that were not in its original guidance.
TI said revenue for Q1 2024 was $3,661 million, down 16% from $4,379 million in the same quarter a year earlier. Over the same period, operating profit fell 34% to $1,286 million, and net income fell 35% to $1,105 million.
Texas Instruments said cash flow from operations for the trailing 12 months ended March 31, 2024 was $6,277 million, capital expenditures were $5,337 million and free cash flow was $940 million. Free cash flow fell 79% from $4,400 million a year earlier.
The company said it gave revenue guidance of $3.65 billion to $3.95 billion and earnings per share guidance of $1.05 to $1.25 for Q2. It said it returned a total of $4,808 million to shareholders over the trailing 12 months, including $4,615 million in dividends.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 Revenue, Net Income and EPS
The company said it reported revenue of $3.66 billion, net income of $1.11 billion and earnings per share of $1.20 for Q1 2024, and that earnings per share included a 10 cents benefit from items that were not in its original guidance.
Source · Based on the filing body and exhibits
Year-over-Year Declines
TI said revenue for Q1 2024 was $3,661 million, down 16% from $4,379 million in the same quarter a year earlier. Over the same period, operating profit fell 34% to $1,286 million, and net income fell 35% to $1,105 million.
Source · Based on the filing body and exhibits
Trailing 12-Month Cash Flow and Capex
Texas Instruments said cash flow from operations for the trailing 12 months ended March 31, 2024 was $6,277 million, capital expenditures were $5,337 million and free cash flow was $940 million. Free cash flow fell 79% from $4,400 million a year earlier.
Source · Based on the filing body and exhibits
Q2 Outlook and Shareholder Returns
The company said it gave revenue guidance of $3.65 billion to $3.95 billion and earnings per share guidance of $1.05 to $1.25 for Q2. It said it returned a total of $4,808 million to shareholders over the trailing 12 months, including $4,615 million in dividends.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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