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Texas Instruments Reports Loss in 4th Quarter, Year

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Texas Instruments, the beleaguered Dallas-based maker of semiconductors and electronic equipment, posted a fourth-quarter loss of $41.2 million--its third consecutive quarterly loss--and a year-end loss of $118.7 million.

The quarterly loss, on revenue that was down 20% to $1.2 billion, compares to a profit of $64.6 million in the year-ago quarter.

Revenue for the entire year dropped 14% to $4.9 billion. The annual loss compares to a profit in 1984 of $316 million.

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The company attributed the losses to the downturn in orders for semiconductors and slower sales of computers.

For detailed data and results of other companies, please see tables, Page 2.

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