Texas Instruments furnished a revenue forecast for the December quarter that was reduced than envisioned, citing deteriorating demand in approximately every single sector in the economy. It sent the company’s stock lower in immediately after-several hours buying and selling.
“During the quarter we expert envisioned weak point in private electronics and increasing weak point across industrial,” the company’s CEO Prosperous Templeton claimed in the release.
Texas Instruments furnished a revenue forecast for the December quarter that was reduced than envisioned, citing deteriorating demand in approximately every single sector in the economy. It sent the company’s stock lower in immediately after-several hours buying and selling.
“During the quarter we expert envisioned weak point in private electronics and increasing weak point across industrial,” the company’s CEO Prosperous Templeton claimed in the release.