Texas Instruments Q4 earnings, sales rise 26.01.2004 22:44 Headlines
SAN FRANCISCO (AFX) -- Texas Instruments said late Monday that
fourth-quarter earnings and revenue rose from last year. TI reported
fourth-quarter net income of $512 million, or 29 cents a share, vs. last year's
loss of $589 million, or 34 cents a share. Excluding a 7-cent gain from the sale
of Micron Technology shares and a 2-cent tax benefit, the company reported a
per-share profit of 20 cents. Analysts, according to Thomson First Call,
forecast a profit of 19 cents a share. Sales rose to $2.77 billion, up from
$2.15 billion last year.
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