Texas Instruments: 35% drop in quarterly EPS
Penalized by declines in all its end markets, revenues fell by 16% to $3.66 billion, but were still at the top end of the target range set three months ago ($3.45 to $3.75 billion).
For its second quarter, the Dallas-based semiconductor manufacturer expects sales of between $3.65 and $3.95 billion, as well as EPS of between $1.05 and $1.25.
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