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Analog Devices posts higher profit, dividend

2015-02-18 07:08:16| Semiconductors - Topix.net

Analog Devices Inc. said its profit rose 17% for the January quarter as the chip maker said order rates improved in the last month of the period, particularly in automotive and industrial markets. For the current quarter, the company expects earnings excluding items of 70 cents to 74 cents a share on revenue of $810 million to $830 million, compared with the Wall Street consensus of 69 cents a share and revenue of $807 million, according to Thomson Reuters.

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