Seeking Alpha

Texas Instruments narrows Q3 guidance, shares -1.4% AH

  • In its mid-quarter update, TI (TXN) says it now expects Q3 revenue of $3.15B-$3.29B and EPS of $0.51-$0.55. That compares with prior guidance of $3.09B-$3.35B and $0.49-$0.57, and a consensus of $3.23B and $0.53. (PR)
  • Expectations had risen a bit following a summer rally; shares made new 52-week highs today.
  • CC at 5PM ET.
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