04:23 PM EDT, 10/22/2024 (MT Newswires) -- Texas Instruments ( TXN ) reported Q3 earnings late Tuesday of $1.47 per diluted share, down from $1.85 a year earlier.

Analysts polled by Capital IQ expected $1.37.

Revenue in the three months ended Sept. 30 fell to $4.15 billion from $4.53 billion a year earlier. Analysts surveyed by Capital IQ expected $4.12 billion.

The company expects Q4 EPS of $1.07 to $1.29 on revenue of $3.7 billion to $4 billion. Analysts polled by Capital IQ expect EPS of $1.35 on revenue of $4.08 billion.

Shares of the company fell 0.6% in recent after-hours activity.

Price: 192.76, Change: -1.21, Percent Change: -0.62