ChickenStockChickenStock

AI English summary of an SEC filing — figures as filed

Texas Instruments logoTexas Instruments TXN

The company said it reported revenue of $4.74 billion, net income of $1.36 billion and earnings per share of $1.48 for Q3, and that the earnings per share included a 10 cents reduction that was not in its original guidance.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it reported revenue of $4.74 billion, net income of $1.36 billion and earnings per share of $1.48 for Q3, and that the earnings per share included a 10 cents reduction that was not in its original guidance.

  2. TI booked revenue of $4,742 million, gross profit of $2,723 million and operating profit of $1,663 million for Q3, and recorded $85 million in restructuring charges/other.

  3. The company said operating cash flow for the trailing 12 months was $6.9 billion and free cash flow was $2.4 billion. It said free cash flow is operating cash flow less capital expenditures, plus proceeds from CHIPS Act incentives, a non-GAAP measure.

  4. The company said its outlook for Q4 is for revenue of $4.22 billion to $4.58 billion and earnings per share of $1.13 to $1.39.

Summary

AI-written

Analysis 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.

TI reports Q3 revenue of $4.74 billion, net income of $1.36 billion

The company said it reported revenue of $4.74 billion, net income of $1.36 billion and earnings per share of $1.48 for Q3, and that the earnings per share included a 10 cents reduction that was not in its original guidance.

Source · Based on the filing body and exhibits

Q3 gross profit $2,723 million, restructuring $85 million

TI booked revenue of $4,742 million, gross profit of $2,723 million and operating profit of $1,663 million for Q3, and recorded $85 million in restructuring charges/other.

Source · Based on the filing body and exhibits

Trailing 12-month operating cash flow $6.9 billion, free cash flow $2.4 billion

The company said operating cash flow for the trailing 12 months was $6.9 billion and free cash flow was $2.4 billion. It said free cash flow is operating cash flow less capital expenditures, plus proceeds from CHIPS Act incentives, a non-GAAP measure.

Source · Based on the filing body and exhibits

Q4 outlook: revenue $4.22 billion to $4.58 billion

The company said its outlook for Q4 is for revenue of $4.22 billion to $4.58 billion and earnings per share of $1.13 to $1.39.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.