Texas Instruments Files 8-K on Financial Condition, Operations
Ticker: TXN · Form: 8-K · Filed: Jan 23, 2024 · CIK: 97476
| Field | Detail |
|---|---|
| Company | Texas Instruments Inc (TXN) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, disclosure
TL;DR
**TXN just dropped an 8-K on financial results, get ready for the numbers!**
AI Summary
Texas Instruments Incorporated filed an 8-K on January 23, 2024, to report its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates that the company is disclosing its financial performance, likely ahead of a full earnings report. For investors, this matters because it provides an early look at the company's financial health, which can influence stock price and future investment decisions.
Why It Matters
This filing signals that Texas Instruments is providing an update on its financial performance, which is crucial for investors to assess the company's current health and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a standard disclosure of financial results, not indicating any immediate new risks but rather providing transparency.
Analyst Insight
Investors should look for the actual financial results that will be attached or referenced in this 8-K to understand the company's performance and potential impact on its stock price.
Key Players & Entities
- TEXAS INSTRUMENTS INCORPORATED (company) — the registrant filing the 8-K
- January 23, 2024 (date) — date of earliest event reported and filing date
- 001-03761 (string) — Commission file number for Texas Instruments
- 75-0289970 (string) — I.R.S. employer identification number for Texas Instruments
- The Nasdaq Global Select Market (string) — exchange where TXN Common Stock is registered
FAQ
What is the purpose of this 8-K filing by Texas Instruments Incorporated?
This 8-K filing by Texas Instruments Incorporated is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item 2.02 and Item 9.01, respectively, with the earliest event reported on January 23, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 23, 2024, which is also the date of the report.
What is the trading symbol and the exchange where Texas Instruments' Common Stock is registered?
The trading symbol for Texas Instruments' Common Stock is TXN, and it is registered on The Nasdaq Global Select Market.
Is Texas Instruments Incorporated considered an emerging growth company according to this filing?
No, the filing indicates with a '☐' (unchecked box) that Texas Instruments Incorporated is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What specific items under Form 8-K are being reported by Texas Instruments in this filing?
Texas Instruments is reporting under Item 2.02, 'Results of Operations and Financial Condition,' and Item 9.01, 'Financial Statements and Exhibits,' in this 8-K filing.
Filing Stats: 506 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-01-23 16:03:14
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 TXN The Nasdaq Global Select Market I
Filing Documents
- txn-20240123.htm (8-K) — 33KB
- q42023txnex99-er1.htm (EX-99) — 293KB
- 0000097476-24-000004.txt ( ) — 466KB
- txn-20240123.xsd (EX-101.SCH) — 2KB
- txn-20240123_lab.xml (EX-101.LAB) — 23KB
- txn-20240123_pre.xml (EX-101.PRE) — 12KB
- txn-20240123_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
ITEM 2.02. Results of Operations and Financial Condition The Registrant's news release dated January 23, 2024, regarding its fourth-quarter and 2023 results of operations and financial condition is attached hereto as Exhibit 99. The attached news release includes references to the following financial measures that were not prepared in accordance with generally accepted accounting principles in the United States (non-GAAP measures): free cash flow and ratios based on free cash flow. The company believes these non-GAAP measures provide insight into its liquidity, cash generating capability and the amount of cash potentially available to return to shareholders, as well as insight into its financial performance. These non-GAAP measures are supplemental to the comparable GAAP measures. Reconciliation to the most directly comparable GAAP measures is included in the "Non-GAAP financial information" section of the news release.
01. Exhibits
ITEM 9.01. Exhibits Designation of Exhibit in this Report Description of Exhibit 99 Registrant's News Release Dated January 23, 2024 (furnished pursuant to Item 2.02) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TEXAS INSTRUMENTS INCORPORATED Date: January 23, 2024 By: /s/ Rafael R. Lizardi Rafael R. Lizardi Senior Vice President and Chief Financial Officer