Texas Instruments provided a revenue forecast for the June quarter below expectations, citing lower demand in China. Its shares were falling in after-hours trading.
The semiconductor company reported earnings per share of $2.35, compared with Wall Street’s consensus estimate of $2.18, according to FactSet. Revenue came in at $4.9 billion which was above with analysts’ expectations of $4.74 billion. But the big news is the guidance. Texas Instruments gave a revenue-forecast range for the current quarter of $4.2 billion to $4.8…