Texas Instruments Beats fourth-quarter revenue estimates

Reuters
01-24
Texas Instruments Beats fourth-quarter revenue estimates

Jan 23 (Reuters) - Texas Instruments TXN.O beat analysts' estimates for fourth-quarter revenue on Thursday, as renewed demand from the personal electronics market aids a rebound in the analog chip market following post-pandemic weakness.

The company reported revenue of $4.01 billion for the fourth quarter, compared to analysts' average estimate of $3.88 billion, according to data compiled by LSEG.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Alan Barona)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800))

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