SAN FRANCISCO – Texas Instruments Inc. (NYSE:TXN) on Monday reported a fourth-quarter profit of $655 million, or 52 cents a share, compared with a profit of $107 million, or 8 cents a share, for the year-earlier period. Revenue was $3 billion, up 21% from $2.49 billion for the same quarter the previous year. Analysts had expected the Dallas-based chipmaker to report earnings of 49 cents a share, on revenue of $2.97 billion, according to a consensus survey by FactSet Research. For the current quarter, the company said it expects revenue in the range of $2.95 billion to $3.19 billion, and earnings per share in the range of 44 cents a share to 52 cents a share.

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Texas Instruments

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tele: 972-644-5580
support@ti.com
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This entry was posted on Monday, January 25th, 2010 at 3:53 pm and is filed under News.