TI (TXN) Blames Nokia (NOK) for Lowered Q2 Outlook
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Price: $264.36 -0.47%
Financial Fact:
Interest and debt expense: 18M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest and debt expense: 18M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Currently speaking on a call to discuss the just-reduced Q2 guidance, Texas Instruments' (NYSE: TXN) VP Ron Slaymaker attributed the lowered outlook to a "single wireless customer," Nokia (NYSE: NOK). If Nokia could be excluded, Slaymaker said the company's previous guidance would have held.
Traders should watch Nokia after hours on the comments.
Traders should watch Nokia after hours on the comments.
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