TI Updates First-Quarter 2007 Business Outlook

Discussion in 'Trading' started by S2007S, Mar 12, 2007.

  1. S2007S

    S2007S

    TI Updates First-Quarter 2007 Business Outlook
    Monday March 12, 4:30 pm ET
    * Revenue Expected between $3.07 Billion and $3.22 Billion
    * EPS Expected between $0.29 and $0.33
    Conference Call on TI Web Site at 4 p.m. CDT Today www.ti.com

    DALLAS, March 12 /PRNewswire-FirstCall/ -- In a scheduled update to its business outlook for the first quarter of 2007, Texas Instruments Incorporated (NYSE: TXN - News; TI) today narrowed its expected ranges for revenue and earnings per share (EPS).

    The company's expectations for revenue are:
    * Total revenue between $3.07 billion and $3.22 billion, compared with
    the prior range of $3.01 billion to $3.28 billion;
    * Semiconductor revenue between $3.01 billion and $3.14 billion,
    compared with the prior range of $2.95 billion to $3.20 billion; and
    * Education Technology revenue between $60 million and $80 million,
    unchanged from the prior range.

    TI expects EPS from continuing operations between $0.29 and $0.33, compared with the previous range of $0.28 to $0.34.
     
  2. S2007S

    S2007S

    trading down to 31.98 AH