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