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© daniel schweinert dreamstime.com Components | December 11, 2012

TI lowers forecast

Texas Instruments Incorporated narrowed its expected ranges for revenue and earnings per share (EPS).
The company currently expects its financial results to be within the following ranges:
  • Revenue: $2.89 — 3.01 billion compared with the prior range of $2.83 — 3.07 billion
  • EPS: $0.05 — 0.09 compared with the prior range of $0.23 — 0.31. EPS now includes $0.21 of charges associated with previously announced restructuring in the company's Wireless segment.

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