More on Texas Instruments: Q2 guidance is for revenue of $2.93B-$3.17B and EPS of $0.37-$0.45,...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor

More on Texas Instruments: Q2 guidance is for revenue of $2.93B-$3.17B and EPS of $0.37-$0.45, in-line with a consensus of $3.04B and $0.38. 2013 R&D guidance is lowered to $1.5B from a prior $1.6B. Q1 analog sales -2% Y/Y (also -2% as Q4) and 58% of total, hurt by Silicon Valley Analog (formerly National Semi). Embedded processing +4% (+6% in Q4) and 19% of total, boosted by microcontroller sales. Other (inc. slumping/discontinued wireless ops) -24%. R&D spend -18% Y/Y (wireless restructuring), SG&A -1%. $679M in buybacks. CC at 5:30PM ET (webcast).TXN +1.3% AH. (PR)