05:52 AM EDT, 07/23/2025 (MT Newswires) -- (Updates with the stock move and analyst comments in the headline and the last four paragraphs.)

Texas Instruments ( TXN ) reported Q2 earnings late Tuesday of $1.41 per diluted share, up from $1.22 a year earlier.

Analysts polled by FactSet expected $1.36.

Revenue for the quarter ended June 30 was $4.45 billion, up from $3.82 billion a year earlier.

Analysts surveyed by FactSet expected $4.36 billion.

The company set Q3 EPS guidance of $1.36 to $1.60 on revenue of $4.45 billion to $4.80 billion. Analysts expected EPS of $1.51 on revenue of $4.59 billion.

Shares of Texas Instruments ( TXN ) were, however, down nearly 12% in recent premarket activity on Wednesday.

Cantor Fitzgerald's Matthew Prisco termed the management's tone on the earnings call as "definitively more cautious than 50 days ago," when Texas Instruments ( TXN ) executives discussed expectations for accelerating quarterly revenue growth this year, according to a news report from Dow Jones published by Morningstar.

That earlier talk implied higher third-quarter revenue than the midpoint of Texas Instruments' ( TXN ) latest guidance, by Prisco's math, the news report said.

Bernstein analyst Stacy Rasgon was cited as saying that the company's "tone appears to have shifted markedly with seemingly more caution around the geopolitical and tariff environment, and an admission of probable tariff-related pull-forward now somewhat tempering the company's continued optimism around the cycle."