Monday, January 21, 2008

TI Reports Q4 Revenue of $3.56 Billion, Growth of 3% YoY

Texas Instruments reported Q4 2007 revenue of $3.56 billion and EPS of $0.54, representing a revenue increase of 3 percent from the same quarter a year ago. This growth was led by demand for TI's digital signal processors and high-performance analog products, which were up 12 percent each. Gross profit increased 10 percent and operating profit increased 30 percent.

"It was a good quarter and a good year for TI. We delivered more value to shareholders and built momentum with customers. Perhaps most important to our future performance, we sharpened our focus on analog with increases in dedicated research and development, sales support and manufacturing capacity. Evidence of our potential in this area was notable in high-performance analog where we again made substantial market share gains," said Rich Templeton, TI president and chief executive officer. "We move into the first quarter of 2008 expecting year-over-year growth to accelerate in our semiconductor operations."