Texas Instruments (TXN) Cuts Q4 EPS Outlook by 60%
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Texas Instruments Incorporated (NYSE: TXN) lowers its Q4 sales outlook from $2.83-$3.07 billion to $2.3-$2.5 billion, versus the consensus of $2.91 billion. EPS guidance moves from $0.30-$0.36 to $0.10-$0.16, versus the Street estimate of $0.31.
Texas Instruments Incorporated engages in the design, manufacture, marketing, and sale of high-technology components in the United States and internationally.
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