Analog Devices Reveals 9% Gain In Q4 Bottom Line

(RTTNews) - Analog Devices (ADI) reported a profit for its fourth quarter that gained ground from last year.

The company said its bottom line climbed to $382.23 million, or $1.05 per share. This was higher than $351.38 million, or $1.03 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.89 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.2% to $1.00 billion. This was up from $978.72 million last year.

Analog Devices earnings at a glance:

-Earnings (Q4): $382.23 Mln. vs. $351.38 Mln. last year. -Earnings Growth (Y-o-Y): 8.8% -EPS (Q4): $1.05 vs. $1.03 last year. -EPS Growth (Y-o-Y): 1.9% -Analysts Estimate: $0.89 -Revenue (Q4): $1.00 Bln vs. $978.72 Mln last year. -Revenue Change (Y-o-Y): 2.2%