Wednesday, September 7, 2011

TI Trims Q3 Outlook

Texas Instruments narrowed and lowered its expected ranges for revenue and earnings per share (EPS) for Q3, saying it now expects revenue in the range of $3.23 – 3.37 billion, compared with the prior range of $3.40 – 3.70 billion. The company cited lower demand across a wide range of products, markets and customers.

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