Texas Instruments (TXN) Boosts Low-End of Q3 Guidance

September 11, 2007 4:33 PM EDT
Texas Instruments (NYSE: TXN) sees Q3 revenue between $3.56 billion and $3.72 billion, compared with the prior range of $3.49 billion to $3.79 billion. The consensus is $3.66 billion.

The company expects EPS from continuing operations between $0.49 and $0.53, compared with the previous range of $0.46 to $0.52. The consensus is $0.49. The revised EPS range includes about $0.02 from the gain on the sale of TI\'s semiconductor product line associated with DSL customer-premises equipment. The sale closed in July.

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