Texas Instruments' Gross Margin Sets New Record - Presented by: The Aol. On Network

Texas Instruments posted earnings of $0.62 cents a share on revenue of $3.29 billion in its second quarter. Wall Street analysts were looking for profits of $0.59 cents a share on sales of $3.27 billion. In the same period last year, the company earning $0.58 cents a share on revenue of $3.05 billion. Gross margin came in at 57.1%, a new record for the company, and the company finished the quarter with $2.8 billion of cash and short-term investments.



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