WASHINGTON (dpa-AFX) - Analog Devices (ADI) announced a profit for fourth quarter that declined from last year.
The company's profit came in at $277.69 million, or $0.74 per share. This compares with $404.86 million, or $1.08 per share, in last year's fourth quarter.
The company's revenue for the quarter fell 6.5% to $1.44 billion from $1.54 billion last year.
Analog Devices earnings at a glance:
-EPS (Q4): $1.19 vs. $1.48 last year. -Revenue (Q4): $1.44 Bln vs. $1.54 Bln last year.
-Guidance: Next quarter EPS guidance: $0.93 - $1.07
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