Sunday, March 11, 2007

TI Updates First-Quarter 2007 Business Outlook

Texas Instruments narrowed its expected ranges for revenue and earnings per share (EPS). The new expectations for revenue are:

  • Total revenue between $3.07 billion and $3.22 billion, compared with the prior range of $3.01 billion to $3.28 billion;

  • Semiconductor revenue between $3.01 billion and $3.14 billion, compared with the prior range of $2.95 billion to $3.20 billion; and

  • Education Technology revenue between $60 million and $80 million, unchanged from the prior range.


TI expects EPS from continuing operations between $0.29 and $0.33, compared with the previous range of $0.28 to $0.34.

http://www.ti.com

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