According to foreign media reports, Texas Instruments announced its second quarter performance report today. According to the report, Texas Instruments’ net profit fell 4% in the second quarter, and was also lower than Wall Street analysts’ expectations, which led to a fall in stock prices after the close of the day.

In the second quarter of this year, Texas Instruments' net profit fell to $588 million from $614 million in the same period last year; however, diluted earnings per share rose to 44 cents from 42 cents in the same period last year due to share repurchase measures.

In the second quarter of this year, Texas Instruments' sales revenue fell 2% to $3.35 billion, while analysts surveyed by Thomson Financial expected a diluted profit of 46 cents per share and $33.9 billion in locked-in revenue.

At home and abroad, Texas Instruments previously expected its diluted earnings per share for the second quarter to reach 43 cents to 47 cents, and sales revenues to reach $3.33 billion to $3.46 billion.

During the after-hours trading after the announcement of this earnings report, Texas Instruments' stock price fell by $3.48 to $25, a drop of 12%.

At the same time, Texas Instruments also expects its third-quarter profit to reach 41 cents to 47 cents per share, sales revenue will reach 3.26 billion US dollars to 3.54 billion US dollars, lower than Thomson Financial analysts expected The stock diluted profit of 51 cents and sales revenue of 3.56 billion US dollars.

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