TI (TXN) Lower Following Q3 Update; EPS Range Still Below Street Expectations

September 11, 2012 4:44 PM EDT
Texas Instruments (Nasdaq: TXN) shares are ticking lower in after-hours trading Tuesday following its mid-quarter update.

The chip giant raised the midpoint of EPS and sales guidance, but its new EPS range of $0.38 to $0.42 is still below the consensus of $0.45.

Shares are down about 0.1 percent in the late session.


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