DALLAS ( TheStreet) -- Texas Instruments (TXN) Chief Financial Officer Kevin March says that investors should not be overly concerned about the uncertain macroeconomic environment, which weighed on the company's second-quarter results this week.
"Concern, I think, is too strong a word," he told TheStreet, during an interview. "What we have is an economy that's growing, both domestically and internationally, but that's growing at a slower pace than most people would prefer to see at this stage in the cycle."
"It's not like we're heading for a global decline or anything," he said. "I think that the important thing is that we're still growing, and we're likely to grow."March explained that Texas Instruments' revenue grew 7% between the first and second quarters. "
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