Joined Nov 11, 2007
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$TXN Lowers Guidance

“Texas Instruments said it expects second-quarter earnings of 39 to 43 cents a share. That’s narrower than the 37 cents to 45 cents a share TI had previously projected but still in line with the consensus estimate of 42 cents a share, according to a survey by Thomson Reuters.

The company expects revenue of $2.99 billion to $3.11 billion, narrower than the $2.93 billion to $3.17 billion previously expected, but in line with the $3.06 billion expected….”

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