TI reports 2Q14 financial results and shareholder returns

Certain amounts in the prior period's financial statement have been reclassified to conform to the current presentation.

2Q14 segment results






$ 1,995

$ 1,745


       Operating profit

$    664

$    416


Embedded Processing:


$    703

$    618


      Operating profit

$    104

$      54




$    594

$    684


      Operating profit*

$    214

$    436


* Includes Acquisition charges and Restructuring charges/other.

Compared with the year-ago quarter:

Analog:  (includes High Volume Analog & Logic, Power Management, High Performance Analog and Silicon Valley Analog) 

  • Revenue increased primarily due to Power Management.  High Performance Analog, High Volume Analog & Logic and Silicon Valley Analog also grew. 
  • Operating profit increased primarily due to higher revenue and associated gross profit.    

Embedded Processing:  (includes Processors, Microcontrollers and Connectivity)

  • Revenue increased primarily due to Processors and Microcontrollers, both of which grew about the same amount.  Connectivity also grew.
  • Operating profit increased due to higher revenue and associated gross profit.

 Other:  (includes DLP® products, custom ASIC products, calculators, royalties and legacy wireless products)

  • Revenue declined due to legacy wireless products.        
  • Operating profit decreased due to the non-recurrence of a gain associated with the transfer of wireless connectivity technology.

Non-GAAP financial information 

Revenue excluding legacy wireless

This release includes a reference to TI's revenue excluding legacy wireless product revenue.  The company believes this measure, which was not prepared in accordance with generally accepted accounting principles in the United States (GAAP) and is supplemental to the comparable GAAP measure, provides investors with insight into TI's underlying business results.

Reconciliation to the most directly comparable GAAP measure is provided in the table below.

For Three Months Ended June 30,




Revenue (GAAP)

$            3,292

$            3,047


Legacy wireless revenue



TI Revenue less legacy wireless revenue (non-GAAP)

$            3,287

$            2,899


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »

Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Industry ExpertsMCADCafe Editorial
by Industry Experts
MCADCafe Industry Predictions for 2022 – Xometry
Fluid Dynamic Engineer / CFD Developer for Azore CFD Software at Livonia, Michigan
Engineering / Software Sales Representative for Azore CFD Software at Livonia, Michigan
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
GIS Analyst for New Mexico Gas Company, Inc. at Albuquerque -New Mexico, Wyoming
Upcoming Events
3DEXPERIENCE FORUM 2022 at Diplomat Beach Resort Hollywood FL - Jun 6 - 8, 2022
Smart Manufacturing Experience at Pittsburgh PA - Jun 7 - 9, 2022
HxGN LIVE Global 2022 - Future of Manufacturing at Las Vegas NV - Jun 20 - 23, 2022

© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise