TI reports 4Q16 and 2016 financial results and shareholder returns

 

Quarterly segment results

Amounts are in millions of dollars.




4Q16



4Q15


Change

Analog:









Revenue


$

2,290


$

2,073


10%

Operating profit


$

981


$

787


25%

Embedded Processing:









Revenue


$

744


$

700


6%

Operating profit


$

210


$

164


28%

Other:









Revenue


$

380


$

416


-9%

Operating profit*


$

128


$

191


-33%


* 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 due to Power Management, High Performance Analog and Silicon Valley Analog. High Volume Analog & Logic was about even.
  • Operating profit increased primarily due to higher revenue and associated gross profit.

Embedded Processing:  (includes Processors, Microcontrollers and Connectivity)

  • Revenue increased due to Processors and Microcontrollers. Connectivity also grew.
  • Operating profit increased due to higher gross profit.

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

  • Revenue declined due to royalties and custom ASIC products. DLP products and calculators were about even.
  • Operating profit decreased due to gains on sales of assets in the year-ago quarter.

Annual segment results

Amounts are in millions of dollars.




2016



2015


Change

Analog:









Revenue


$

8,536


$

8,339


2%

Operating profit


$

3,380


$

3,048


11%

Embedded Processing:









Revenue


$

3,023


$

2,787


8%

Operating profit


$

801


$

596


34%

Other:









Revenue


$

1,811


$

1,874


-3%

Operating profit*


$

618


$

630


-2%


* Includes Acquisition charges and Restructuring charges/other.


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