Texas Instruments on Monday reported a third-quarter profit of $601 million, or 51 cents a share, compared with a profit of $859 million, or 71 cents a share, for the year-earlier period.
Revenue was $3.5 billion, down from $3.7 billion.
The company's earnings included the impact of 9 cents a share in charges related to TI's acquisition of National Semiconductor.
Analysts had expected the Dallas-based chip company to post earnings of 58 cents a share, on revenue of $3.3 billion, according to a consensus survey by FactSet Research.
For the current quarter, the company said it expects revenue in the range of $3.26 billion to $3.54 billion, and earnings in the range of 28 cents a share to 36 cents a share.
Analysts were expecting earnings of 54 cents a share, on revenue of $3.35 billion, according to data from FactSet Research.
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