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.