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Components | June 12, 2012

TI updates 2Q/2012 business outlook

US-based chip manufacturer Texas Instruments has updated on its revenue expectations for fiscal 2Q
In a scheduled update to its business outlook for the second quarter of 2012, Texas Instruments Incorporated (TI) narrowed its expected ranges for revenue and earnings per share (EPS). This is in line with analyst expectations.

The company currently expects its financial results to be within the following ranges:
  • Revenue: USD 3.28 — 3.42 billion compared with the prior range of USD 3.22 — 3.48 billion
  • EPS: USD 0.32 — 0.36 compared with the prior range of USD 0.30 — 0.38
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