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Texas Instruments' stock falls on weak forecast
Texas Instruments said it expects current quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a midpoint of $4.625 billion. analysts were expecting revenue of $4.59 billion.
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For the second quarter, Texas Instruments reported revenue of $4.45 billion, up 16% year-over-year and above the analyst consensus from Visible Alpha. Net income of $1.3 billion, or $1.41 per share, ...
Analysts expect the Dallas, Texas-based company to report quarterly earnings at $1.33 per share, up from $1.22 per share in the year-ago period. Texas Instruments projects to report quarterly revenue ...
Texas Instruments reported revenues of $4.07 billion in the last reported quarter, representing a year-over-year change of +11.1%. EPS of $1.28 for the same period compares with $1.20 a year ago.
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