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Texas Instruments Reports Q1 Financial Forecast Below Expectations, Shares Plunge 7.5%; Company Addresses China Anti-Dumping Investigation Rumors
2025-01-27 /
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Author：小编
Analog chip industry leader Texas Instruments released its earnings report for the fourth quarter and full year 2024 on January 23, revealing an overall decline in performance. The company's earnings guidance for the first quarter of 2025 also missed analyst expectations, causing its stock price to plummet by 7.52% on the 24th. During the fourth quarter of 2024, Texas Instruments reported revenue of $4.01 billion, marking a year-over-year decrease of approximately 2%. Net profit stood at $1.205 billion, down 12.1% from the same period last year. For the full year 2024, the company's revenue amounted to approximately $15.641 billion, reflecting a year-over-year decline of 10.7%.
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