By Maria Armental 
 

Texas Instruments Inc. set its first-quarter financial outlook well above the FactSet analyst consensus.

TI projected first-quarter profit of $2.01 to $2.29 a share and $4.50 billion to $4.90 billion in revenue.

Analysts surveyed by FactSet expect $1.87 a share and about $4.38 billion in revenue.

The company said it expects 2022 annual operating tax rate to be about 14%.

 

Write to Maria Armental at maria.armental@wsj.com

 
 

(END) Dow Jones Newswires

January 25, 2022 16:25 ET (21:25 GMT)

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