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Benzinga
Benzinga
Business
Dylan Berman

Texas Instruments Is Trading Lower Wednesday: What's Going On?

Texas Instruments
Sugar,Land,,Texas,-,Nov,9,,2019:,Texas,Instruments,Sugar

Texas Instruments Incorporated (NASDAQ:TXN) shares are trading lower on Wednesday following the release of second quarter earnings and third quarter guidance on Tuesday after the market closed.

What To Know: Texas Instruments reported second quarter earnings per share of $1.41, beating the consensus estimate of $1.33. In addition, the company reported sales of $4.44 billion, beating the consensus estimate of $4.32 billion and representing a 16% year-over-year increase.

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