Texas Instruments Inc. Q3 Income Climbs 21%

(RTTNews) - Texas Instruments Inc. (TXN) released earnings for its third quarter that advanced from last year.

The company said its bottom line totaled $968 million, or $0.94 per share. This was up from $798 million, or $0.76 per share, in last year's third quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.3% to $3.68 billion. This was up from $3.43 billion last year.

Texas Instruments Inc. earnings at a glance:

-Earnings (Q3): $968 Mln. vs. $798 Mln. last year. -Earnings Growth (Y-o-Y): 21.3% -EPS (Q3): $0.94 vs. $0.76 last year. -EPS Growth (Y-o-Y): 23.7% -Analysts Estimate: $0.86 -Revenue (Q3): $3.68 Bln vs. $3.43 Bln last year. -Revenue Change (Y-o-Y): 7.3%

-Guidance: Next quarter EPS guidance: $0.76 - $0.86 Next quarter revenue guidance: $3.17 - $3.43 Bln