Sunday, March 9, 2008

TI Trims Revenue and Earnings Forecast

Texas Instruments lowered its expected ranges for revenue and earnings per share (EPS) for Q1 2008. The new guidance:

  • Total revenue between $3.21 billion and $3.35 billion, compared with the prior range of $3.27 billion to $3.55 billion;


  • Semiconductor revenue between $3.14 billion and $3.26 billion, compared with the prior range of $3.20 billion to $3.46 billion; and


  • Education Technology revenue between $70 million and $90 million, unchanged from the prior range.


  • EPS between $0.41 and $0.45, compared with the previous range of $0.43 to $0.49.

http://www.ti.com

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