Online information source for semiconductor professionals
Texas Instruments adjusts Q109 outlook
Popular articles
Voltaix names Peter Smith as CEO - 09 November 2011
Sematech Litho Forum: Sematech mulling multi-beam mask writer effort - 12 May 2010
TSMC hosts 2008 Green Forum on ‘green’ factories - 31 October 2008
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008
Texas Instruments has narrowed its expected revenue ranges for the first quarter of 2009 in a preliminary outlook adjustment prior to the quarter’s end on March 31st.
Revenue for the quarter is forecasted to fall within the $1.79 - $2.05 billion range, not $1.62 - $2.12 billion as previously guided. Earnings per share have also been adjusted to a $0.08 loss to $0.00 breakeven range compared with the prior range of $0.11 loss - $0.03 profit.
Restructuring charges of $0.04 per share impact resulting from about $80 million of estimated restructuring charges have been included in the earnings per share alteration. The company had previously pegged restructuring charges at approximately $50 million for the quarter, or $0.03 per share.