TI reports 2Q18 financial results and shareholder returns

 

Segment results

Amounts are in millions of dollars.




2Q18



2Q17


Change

Analog:









Revenue


$

2,690


$

2,411


12%

Operating profit


$

1,263


$

1,077


17%

Embedded Processing:









Revenue


$

943


$

868


9%

Operating profit


$

334


$

271


23%

Other:









Revenue


$

384


$

414


(7)%

Operating profit*


$

115


$

132


(13)%


* Includes Acquisition charges and Restructuring charges/other.

 

Compared with the year-ago quarter:

Analog: (includes Power, Signal Chain and High Volume)

  • Revenue increased due to Power and Signal Chain. High Volume decreased.
  • Operating profit increased due to higher revenue and associated gross profit.

Embedded Processing: (includes Connected Microcontrollers and Processors)

  • Revenue increased in both product lines about equally.
  • Operating profit increased primarily due to higher revenue and associated gross profit.

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

  • Revenue decreased by $30 million, and operating profit declined by $17 million.

Non-GAAP financial information 

This release includes references to free cash flow and ratios based on that measure. These are financial measures that were not prepared in accordance with GAAP. Free cash flow was calculated by subtracting Capital expenditures from the most directly comparable GAAP measure, Cash flows from operating activities (also referred to as cash flow from operations).

We believe that free cash flow and the associated ratios provide insight into our liquidity, our cash-generating capability and the amount of cash potentially available to return to shareholders, as well as insight into our financial performance. These non-GAAP measures are supplemental to the comparable GAAP measures.

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

Amounts are in millions of dollars.    



For 12 Months Ended





June 30,





2018


2017


Change

Cash flow from operations (GAAP)


$

6,589


$

4,564


44%

Capital expenditures



(855)



(527)



Free cash flow (non-GAAP)


$

5,734


$

4,037


42%










Revenue


$

15,672


$

14,184












Cash flow from operations as a percent of revenue (GAAP)



42.0%



32.2%



Free cash flow as a percent of revenue (non-GAAP)



36.6%



28.5%




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



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise