TI To Meet Q2 Forecast, Says Analyst - InformationWeek
IoT
IoT
News
News
7/24/2006
01:26 PM
50%
50%

TI To Meet Q2 Forecast, Says Analyst

Wireless, as expected, is the main growth driver.

SAN JOSE, Calif. — Look for a decent quarter from Texas Instruments Inc.

TI (Dallas), which is expected to announce its results on Monday (July 24), is projected to realize $3.708 billion in sales and EPS of $0.47 for the second quarter, according to American Technology Research Inc. (Greenwich, Conn.)

Wall Street is looking for 3.679 billion in sales and EPS of $0.47 in Q2.

TI itself guided for total revenue to $3.630-to-$3.780 billion and the semiconductor segment at $3.450-to-3,590 billion. "As we had previewed, wireless is the main driver for the strength," said analyst Satya Chillara of American Technology Research.

"Wireless has roughly 40 percent exposure in the semiconductor business," he said.

The outlook is upbeat. "Our Q3 estimates are at $3.928 billion in revenue with EPS of $0.49. Consensus is at $3.826 billion in revenue with EPS of $0.49," he said. "We believe TI has Nokia in the equation as well single chip cell phone helping its Q3 along with a huge DLP uptick."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
2017 State of IT Report
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends for 2018
As we enter a new year of technology planning, find out about the hot technologies organizations are using to advance their businesses and where the experts say IT is heading.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll