TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02.Results of Operations and Financial Condition
The Registrants news release dated January 24, 2017, regarding
its fourth-quarter and 2016 results of operations and financial
condition is attached hereto as Exhibit 99.
The attached news release includes references to the following
financial measures that were not prepared in accordance with
generally accepted accounting principles in the United States
(non-GAAP measures): free cash flow and ratios based on free cash
flow. The company believes these non-GAAP measures provide
insight into its liquidity, cash generating capability and the
amount of cash potentially available to return to shareholders,
as well as insight into its financial performance. These non-GAAP
measures are supplemental to the comparable GAAP measures.
Reconciliation to the most directly comparable GAAP measures is
included in the Non-GAAP financial information section of the
news release.
ITEM 9.01. Exhibits
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Designation of Exhibit in this Report |
Description of Exhibit |
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Registrants News Release |
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Dated January 24, 2017 (furnished to Item 2.02) |
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About TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN)
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. Its Analog segment’s product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA). Its Embedded Processing segment’s product line includes Processor, Microcontrollers and Connectivity. It is also engaged in smaller product lines, such as DLP products (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits (ASICs) and calculators. The Company has design, manufacturing or sales operations in over 30 countries. It also offers baseband products, and OMAP applications processors and connectivity products, which are sold into smartphones and consumer tablets. TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) Recent Trading Information
TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) closed its last trading session up +0.82 at 77.90 with 8,561,560 shares trading hands.