4:40pm 10/21/02
TI posts Q3 profit vs. loss a year ago (TXN) By Lisa Sanders
Texas Instruments posted a profit of $109 million, or 9 cents a share, vs. a loss of $245 million, or 3 cents a share, in the year-ago period. Analysts polled by Thomson First Call expected TI (TXN) to earn 10 cents a share, on average, in the third quarter. Revenue rose to $2.25 billion from $1.85 billion in the year-ago third quarter. Shares of the semiconductor giant closed at $17.12, up 2 cents, ahead of the announcement