Texas Instruments Expects $3.12 Billion to $3.38 Billion in 1Q Revenue
January 22 2020 - 4:50PM
Dow Jones News
By Kimberly Chin
Texas Instruments Inc. (TXN) said it expects revenue in the
fiscal first quarter to be in the range of $3.12 billion to $3.38
billion.
The Dallas-based chipmaker also forecast earnings between 96
cents and $1.14 a share. The company said the EPS estimate reflects
an estimated $20 million tax benefit.
Shares fell 1% in after-hours trading to $131.76 apiece.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
January 22, 2020 16:35 ET (21:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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