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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 3.82B | 4.6% |
Gross Profit | 2.21B | 5.5% |
Cost of Revenue | 2.08B | 2.7% |
Operating expense | 963M | 19.8% |
Net Income | 1.13B | 2% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 35B | 0.5% |
Total Liabilities | 17.8B | 0.4% |
Total Equity | 17.2B | 1.4% |
Shares Outstanding | 912M | 0.2% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 1.57B | 54.5% |
Cash from financing | -1.31B | 171.8% |
EPS
Financial Highlights for Texas Instruments in Q2 '24
Texas Instruments reported a revenue of 3.82B, which is a 4.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.21B, marking a 5.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.08B, a 2.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 963M, showing a 19.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.13B, showing a 2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Texas Instruments with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.