Texas Instruments Stock Slides as Earnings Forecast Underwhelms
1. TXN's Q4 revenue was $4.01 billion, exceeding expectations. 2. Net income decreased to $1.21 billion, disappointing year-over-year results. 3. First-quarter EPS guidance predicts 94 cents to $1.16, below analyst estimates. 4. Shares fell nearly 4% in after-hours trading despite prior yearly gain.