The company expects revenue of $4.17 billion to $4.53 billion, the mid-point of which is lower than analysts' average estimate of $4.41 billion, according to Refinitiv data.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
203.6 USD | +0.80% | +9.45% | +2.70% |
18/04 | Morgan Stanley Adjusts Analog Devices' Price Target to $221 From $212, Keeps Overweight Rating | MT |
05/04 | Analog Devices Insider Sold Shares Worth $687,317, According to a Recent SEC Filing | MT |
(Reuters) - Chipmaker Texas Instruments forecast first-quarter revenue below Wall Street targets on Tuesday on concerns that a wider economic downturn would shake last year's resilient demand in its key industrial and automotive markets.
The company expects revenue of $4.17 billion to $4.53 billion, the mid-point of which is lower than analysts' average estimate of $4.41 billion, according to Refinitiv data.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
203.6 USD | +0.80% | +9.45% | 100B | ||
179.1 USD | +0.90% | +9.55% | 162B | ||
1st Jan change | Capi. | |
---|---|---|
+2.70% | 100B | |
+76.78% | 2,159B | |
+19.90% | 623B | |
+34.06% | 622B | |
+8.74% | 254B | |
+16.11% | 185B | |
+5.03% | 162B | |
-37.40% | 136B | |
+34.23% | 127B | |
+37.23% | 105B |