Texas Instruments: Q2 Earnings Snapshot

DALLAS (AP) _ Texas Instruments Inc. (TXN) on Tuesday reported second-quarter earnings of $2.29 billion.

On a per-share basis, the Dallas-based company said it had profit of $2.45.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The chipmaker posted revenue of $5.21 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $4.53 billion.

For the current quarter ending in October, Texas Instruments said it expects revenue in the range of $4.9 billion to $5.3 billion. Analysts surveyed by Zacks had expected revenue of $4.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXN at https://www.zacks.com/ap/TXN