TXN Slips: Q4 Beats, Q1 View Misses; Demand ‘Weak’
Posted on January 22, 2013 at 16:40 PM EST
Shares of Texas Instruments (TXN) are down 3 cents at $33.43 after the company this afternoon reported Q4 revenue and earnings per share that topped analysts’ expectations but projected this quarter’s results well below consensus. Revenue in the three months ended in December fell to $2.98 billion, yielding EPS of 36 cents, excluding restructuring charges [...]