Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.02

-1.3%

2:40 PM EST

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To: slacker711 who wrote (142663)	6/8/2006 4:35:18 PM
From: slacker711	Read Replies (1) of 152472

The numbers look pretty good. We'll have to wait and see what they have to say about inventories though. biz.yahoo.com TI Updates Second-Quarter 2006 Business Outlook Thursday June 8, 4:30 pm ET - Revenue Expected between $3.63 Billion and $3.78 Billion - EPS Expected between $0.46 and $0.48 Conference Call on TI Web Site at 4 p.m. CDT Today www.ti.com DALLAS, June 8 /PRNewswire-FirstCall/ -- In a scheduled update to its business outlook for the second quarter of 2006, Texas Instruments Incorporated (NYSE: TXN - News; TI) today revised its expected ranges for revenue and earnings per share (EPS). The company's expectations for revenue from continuing operations are: * Total revenue between $3.63 billion and $3.78 billion, compared with the prior range of $3.46 billion to $3.75 billion; * Semiconductor revenue between $3.45 billion and $3.59 billion, compared with the prior range of $3.29 billion to $3.56 billion; and * Educational & Productivity Solutions revenue between $175 million and $185 million, compared with the prior range of $170 million to $190 million. TI expects EPS from continuing operations between $0.46 and $0.48, compared with the previous range of $0.38 to $0.43. Both the current and previous ranges for EPS include about $0.04 for stock-based compensation expense. The revenue estimate includes a $70 million cash payment from Conexant Systems, Inc., for a previously announced settlement of patent- related litigation. In addition, the company received a sales tax benefit in the quarter. The combination of these two items is expected to contribute about $0.05 - $0.06 to EPS.

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