Texas Instruments narrowed its expected ranges for revenue and earnings per share (EPS). The new expectations for revenue are:
- Total revenue between $3.07 billion and $3.22 billion, compared with the prior range of $3.01 billion to $3.28 billion;
- Semiconductor revenue between $3.01 billion and $3.14 billion, compared with the prior range of $2.95 billion to $3.20 billion; and
- Education Technology revenue between $60 million and $80 million, unchanged from the prior range.
TI expects EPS from continuing operations between $0.29 and $0.33, compared with the previous range of $0.28 to $0.34.
http://www.ti.com