TI Raises Q3 Financial Guidance

Texas Instruments (TI) raised its financial guidance for Q3 and now expects total revenue to be between $3.71 billion and $3.87 billion, compared with the prior range of $3.63 billion to $3.95 billion. Semiconductor revenue is expected to be between $3.53 billion and $3.67 billion, compared with the prior range of $3.45 billion to $3.75 billion; and Educational & Productivity Solutions revenue is expected to be between $180 million and $200 million, unchanged from the prior estimate.



TI expects EPS from continuing operations between $0.44 and $0.46, compared with the previous range of $0.42 to $0.48.

http://www.ti.com