Texas Instruments (TXN) Narrows Q2 Outlook
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In a scheduled update to its business outlook for the second quarter of 2013, Texas Instruments (NASDAQ: TXN) narrowed its expected ranges for revenue and earnings per share (EPS).
The company currently expects its financial results to be within the following ranges:
* Revenue: $2.99 – 3.11 billion compared with the prior range of $2.93 – 3.17 billion
* EPS: $0.39 – 0.43 compared with the prior range of $0.37 – 0.45.
*** The Street sees Q2 revs of $3.06 billion and EPS of $0.42.
The company currently expects its financial results to be within the following ranges:
* Revenue: $2.99 – 3.11 billion compared with the prior range of $2.93 – 3.17 billion
* EPS: $0.39 – 0.43 compared with the prior range of $0.37 – 0.45.
*** The Street sees Q2 revs of $3.06 billion and EPS of $0.42.
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