Texas Instruments (TXN) Cuts Q1 Outlook Well Below the Street
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Price: $36.77 +0.46%
Revenue Growth %: -7.4%
Financial Fact:
Cost of revenue: 1.51B
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: -7.4%
Financial Fact:
Cost of revenue: 1.51B
Today's EPS Names:
LBIX, ESEA, ISS, More
Trade TXN Now!
Texas Instruments (NYSE: TXN) lowered its Q1 EPS guidance from 16-24 cents to 15-19 cents, which compares to the Street estimate of 31 cents. Sales move from $3.02-$3.28 billion to $2.99-$3.11 billion, vs. the consensus of $3.16 billion.
The company cited lower demand for its wireless products.
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The company cited lower demand for its wireless products.
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