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TXN Earnings Beat
Description
Texas Instruments beat Q1 estimates with EPS of $1.68 and revenue of $4.83B, up 19% year over year, driven by industrial and data center growth. Free cash flow totaled $4.4B over the trailing 12 months. Q2 guidance of $5B–$5.40B in revenue and $1.77–$2.05 EPS both exceeded estimates. Shares surged 11.08% to $258.99 in premarket trading.
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