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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Texas Instruments Incorporated | NASDAQ:TXN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.40 | 1.93% | 179.1999 | 178.96 | 180.00 | 179.68 | 177.43 | 177.49 | 4,686,091 | 01:00:00 |
From May 2023 to May 2024
By Brenda León
Texas Instruments issued third-quarter earnnings per share guidance largely below Wall Street expectations.
The Dallas-based semiconductor company on Tuesday said it expects per share earnings between $1.68 and $1.92 in the third quarter. Analysts recently polled by Factset expected $1.91 a share.
The company expects third-quarter revenue between $4.36 billion and $4.74 billion. Analysts expected $4.59 billion.
The outlook comes after the company reported second-quarter earnings and revenue that exceeded analyst expectations, despite continued weakness across end markets.
Shares fell 2.4% to $181.51 in after-hours trading.
Write to Brenda León at brenda.leon@wsj.com
(END) Dow Jones Newswires
July 25, 2023 16:59 ET (20:59 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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