Texas Instruments Inc. today narrowed its Q1 guidance to the top part of the previously forecast range

The Dallas-based company said revenues will be between $2.835 billion and $2.950 billion. The previous forecast was between $2.720 million and $2.950 million.

TI said it expects earning per share of between 19 cents and 22 cents. The previous forecast for Q1 was 16 cents to 22 cents.

Semiconductor revenue for Q1 will be between $2.5 billion and $2.6 billion compared to the previous range of $2.4 billion to $2.6 billion.

Sensors and Controls revenue is expected at between $265 million and $275 million, compared with the previous range of $255 million to $275 million.

Educational and Productivity Solutions revenue will be between $75 million and $80 million compared with the previous range of $70 million to $80 million.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved