Texas Instruments recently announced its financial results for the fourth quarter of 2019. According to the financial report, TI’s fourth quarter revenue was US $ 3.35 billion, a 10% decrease from the same period last year; net profit was US $ 1.07 billion, a year-on-year decrease of 14%.

TI Announces Fourth Quarter Revenue, down 10% Annually-SemiMedia

Specifically, TI's revenues mainly include analog and embedded businesses, both of which are Texas Instruments' main product categories. According to the financial report, the company's analog business quarter revenue reached US $ 2.497 billion, a 5% decrease from US $ 2.638 billion in the same period last year; the revenue from the embedded processing business was US $ 633 million, a 20% decrease from US $ 791 million in the same period of the previous year; other business revenue was US $ 220 million, a year-on-year decrease of 24%.

Looking forward to the first quarter of 2020 results, Texas Instruments Chairman, President and CEO Rich Templeton said that TI’s first quarter revenue outlook is between $ 3.12 billion and $ 3.38 billion and earnings per share are between $ 0.96 and $ 1.14.