Texas Instruments Inc. Profit Advances 12% In Q2

(RTTNews) - Texas Instruments Inc. (TXN) revealed earnings for its second quarter that increased from last year.

The company said its bottom line totaled $779 million, or $0.76 per share. This was higher than $696 million, or $0.65 per share, in last year's second quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $3.27 billion. This was up from $3.23 billion last year.

Texas Instruments Inc. earnings at a glance:

-Earnings (Q2): $779 Mln. vs. $696 Mln. last year. -Earnings Growth (Y-o-Y): 11.9% -EPS (Q2): $0.76 vs. $0.65 last year. -EPS Growth (Y-o-Y): 16.9% -Analysts Estimate: $0.73 -Revenue (Q2): $3.27 Bln vs. $3.23 Bln last year. -Revenue Change (Y-o-Y): 1.2%

-Guidance: Next quarter EPS guidance: $0.81 - $0.91 Next quarter revenue guidance: $3.34 - $3.62 Bln