Sunday, June 8, 2008

TI Narrows its Q2 Business Outlook

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

  • Total revenue between $3.33 billion and $3.46 billion, compared with the prior range of $3.24 billion to $3.50 billion;


  • Semiconductor revenue between $3.17 billion and $3.28 billion, compared with the prior range of $3.08 billion to $3.32 billion; and


  • Education Technology revenue between $160 million and $180 million, unchanged from the prior range.


TI expects EPS between $0.43 and $0.47, compared with the previous range of $0.42 to $0.48.
http://www.ti.com

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