Texas Instruments cuts Q3 outlook

News General Global 9 SEP 2011
Texas Instruments cuts Q3 outlook
Texas Instruments narrowed and lowered its forecasts for revenue and earnings per share in the third quarter. The reductions are due to broadly lower demand across a wide range of products, markets and customers, the company said. It now expects revenues of USD 3.23-3.37 billion, down from the previous range of USD 3.40-3.70 billion, while the EPS outlook was narrowed to USD 0.56-0.60, from USD 0.55-0.65.

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Texas Instruments

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Semiconductors, Financial figures

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