TI narrows business outlook for Q1

News General Global 9 MAR 2012
TI narrows business outlook for Q1
Texas Instruments (TI) has narrowed and lowered its expected ranges for revenue and EPS. The reductions are due to lower demand for wireless products. The company now forecasts quarterly revenues of USD 2.99-3.11 billion, compared with the prior range of USD 3.02-3.28 billion. Earnings per share is estimated at USD 0.15-0.19, compared with the prior range of USD 0.16-0.24.

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General

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Texas Instruments

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Semiconductors, Financial figures, Wireless

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