Breaking News Bar
updated: 3/1/2011 5:21 PM

Texas Instruments trims top-end 3Q targets

Success - Article sent! close

DALLAS -- Chip maker Texas Instruments Inc. on Thursday lowered the top end range of its estimates for earnings per share and revenue in the third quarter.

The company anticipates earnings per share for the quarter will range from 66 cents to 72 cents. It had previously projected earnings per share of 64 cents to 74 cents.

Order Reprint Print Article
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

It expects revenue for the quarter will range from $3.62 billion to $3.78 billion. It had previously projected revenue of $3.55 billion to $3.85 billion.

Analysts surveyed by Thomson Reuters, on average, are projecting the company will post a profit of 69 cents a share on revenue of $3.7 billion.

The company's third quarter ends Sept. 30.

Shares in Texas Instruments fell 44 cents to $23.93 in aftermarket trading.

Share this page