Texas Instruments' quarterly revenue narrowly beats expectations

April 22 Mon Apr 22, 2013 4:38pm EDT

April 22 (Reuters) - Texas Instruments Inc posted first-quarter revenue of $2.885 billion and net income of $362 million, or 32 cents a share, as demand for its chips improves following concerns about a troubled global economy.

Analysts on average expected first-quarter revenue of $2.852 billion, according to Thomson Reuters I/B/E/S.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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