DALLAS, Oct 21 (Reuters) - Texas Instruments Inc. (NYSE:TXN - News) on Monday reported a third-quarter profit versus a year-ago loss that was in line with expectations and its own forecast as revenue at the world's No. 1 maker of semiconductors for cellular phones rose 22 percent. Dallas-based Texas Instruments said it had net income of $188 million, or 11 cents a share, compared with a year-ago net loss of $117 million, or 7 cents. Revenue rose to $2.25 billion from $1.85 billion.
Excluding certain nonstandard items, Texas Instruments said it had a profit of 9 cents. On that basis, analysts had expected a per-share profit of 10 cents, within a range of 9 cents to 11 cents, on revenue of $2.27 billion, according to Thomson First Call.
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