.52 a share, in the period, compared to million, or .01 a share, a year ago, and 5 million, or .52, ">
Print  |  Send  |   

TI beats estimates in Q1

April 27, 2010 // Mark LaPedus

TI beats estimates in Q1

Texas Instruments Inc. reported first-quarter revenue of $3.21 billion, up 54 percent from a year ago and up 7 percent from the previous quarter. Net income was $658 million, or $0.52 a share, in the period, compared to $17 million, or $0.01 a share, a year ago, and $655 million, or $0.52, from the previous quarter.


TI beat Wall Street's estimates. It was supposed to earn $0.51 on sales of $3.13 billion.

Orders were $3.64 billion, up 66 percent from a year ago and up 12 percent from the prior quarter. Inventory was $1.28 billion at the end of the quarter, up $178 million from a year ago and up $74 million from the prior quarter.

''Momentum continues into the second quarter as demand for our products remains strong, and we add more manufacturing capacity to support our customers,'' said Rich Templeton, TI chairman, president and chief executive, in a statement.

''Production output is at an all-time high, and capacity is increasing each quarter in 2010 as we add 200-millimeter equipment purchased last year and as we ramp the industry's first 300-millimeter analog facility, from which we will start shipments in the fourth quarter," he said.

For the second quarter of 2010, TI expects sales between $3.31-to-$3.59 billion and earnings per share between $0.56-to-$0.64.

For the full year of 2010, TI continues to expect capital expenditures to be $0.9 billion.

All news

MPUs/MCUs

Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Linear video channel

READER OFFER

Read more

This month, Arrow Electronics is giving away ten BeMicro Max 10 FPGA evaluation boards together with an integrated USB-Blaster, each package being worth 90 Euros, for EETimes Europe's readers to win.

Designed to get you started with using an FPGA, the BeMicro Max 10 adopts Altera's non-volatile MAX 10 FPGA built on 55-nm flash process.

The MAX 10 FPGAs are claimed to revolutionize...

MORE INFO AND LAST MONTH' WINNERS...

Design centers     

Automotive
Infotainment Making HDTV in the car reliable and secure

December 15, 2011 | Texas instruments | 222901974

Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.

 

You must be logged in to view this page

Login here :