德州仪器在第三季度业绩好坏参半、指引薄弱的情况下暴跌

Texas Instruments (NASDAQ:TXN) shares fell 7.5% in extended trading on Tuesday after the analog semiconductor company reported mixed third-quarter results and weaker-than-expected guidance for the coming quarter.

For the period ending Sept. 30, the Haviv Ilan-led firm earned $1.48 per share as revenue rose 14% year-over-year to come in at $4.74B. Analog revenue saw a rebound in the period, as sales attributed to the segment climbed 16% year-over-year to $3.73B, better than the $3.61B estimate. Revenue attributed to embedded processing rose 8.6% to $709M, below the $718.6M estimate. Revenue from Texas Instrument's other segment rose 11% year-over-year to $304M.

Cash flow from operations for the past 12 months came in at $6.9B, while free cash flow for the same period was $2.4B. Free cash flow for the period was $1.07B, above the $654.7M estimate. 

A consensus of analysts expected the company to earn $1.49 per share on $4.65B in revenue.

"Our cash flow from operations of $6.9 billion for the trailing 12 months again underscored the strength of our business model, the quality of our product portfolio and the benefit of 300mm production," Ilan said in a statement. "Free cash flow for the same period was $2.4 billion. Over the past 12 months we invested $3.9 billion in R&D and SG&A, invested $4.8 billion in capital expenditures and returned $6.6 billion to owners."

Looking ahead to the fourth quarter, Texas Instruments expects to earn between $1.13 and $1.39 per share, with the midpoint of $1.21 well below the $1.39 per share estimate. Revenue is forecast to be between $4.22B and $4.58B, with the midpoint of $4.4B below the $4.5B estimate. 

The company is slated to host a conference call at 4:30 p.m. EST to discuss the results.