TI beats estimates in Q1
April 27, 2010 // Mark LaPedus
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
NXP extends NFC ecosystem to the car
October 30, 2014
NFC (Near Field Communication) is a technology for contactless payment solutions, right? Yes, but the range of potential ...
Japan's MegaChips to buy MEMS maker SiTime
Freescale CEO: 'IoT isn't just buzz'
3D prints world's best inverter
Research project significantly improves electronics reliability
Netscout Acquires Communications Businesses From Danaher
October 29, 2014
Acquisitions let companies accelerate growth by increasing global footprint, product lines, and revenues. Lately, more and ...
"Quality happens at the system level, not just at the product level"
Some memories never die
Johnson Matthey snaps up Clariant energy storage business
- Wireless Power User Guide
- Secure is the New Smart
- 5 Best Practices for Designing Flexible Test Stations
- Intelligent PLCs Expand the Internet of Things
InterviewFreescale CEO: 'IoT isn't just buzz'
Coming after the solid third quarter results that produced higher operating margins and improving cash flow, Freescale Semiconductor's CEO Gregg Lowe had every reason to be chipper and lively when EE Times ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with native Lightning compatibility, the iMSO-204L transforms the iPad, iPhone, and iPod touch into an ultra-portable, two-channel oscilloscope.
Since Apple changed its connector, Oscium has been working to bring native compatibility to its customers. The third generation...MORE INFO AND LAST MONTH' WINNERS...
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.