Ralph
14.11.2000, 22:15
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Analog Devices' Fourth-Quarter Revenues Increase 87% to $806 Million; Pro Forma EPS Rise 170% to $0.54
* Fourth-quarter revenues increased 87% year over year and 15% sequentially.
* Fourth-quarter gross margin ratio improved 150 basis points sequentially to 58.6% of sales.
* Fourth-quarter OPBT ratio rose 300 basis points sequentially to 34.3% of sales.
* Fourth-quarter pro forma EPS were $0.54, over 2 1/2 times the year- ago EPS and up 26% sequentially.
* Outlook is for 7-10% sequential revenue growth in first quarter and over 50% year-over-year revenue growth in fiscal 2001.
NORWOOD, Mass., Nov. 14 /PRNewswire/ -- Analog Devices (NYSE: ADI - news) today announced revenues of $806 million for the fourth quarter of fiscal 2000, up 87% from the prior year's fourth quarter and 15% above the immediately prior quarter. Earnings per share were $0.54, over two-and-one-half times the $0.20 reported for the year-ago quarter and 26% above the third quarter's $0.43, excluding the realized gain on an investment sold during the third quarter. All financial information in the text of this release refers to pro forma results, which exclude investment gains and acquisition-related expenses.
Source: http://biz.yahoo.com/prnews/001114/ma_analog_.html
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Ralph
Analog Devices' Fourth-Quarter Revenues Increase 87% to $806 Million; Pro Forma EPS Rise 170% to $0.54
* Fourth-quarter revenues increased 87% year over year and 15% sequentially.
* Fourth-quarter gross margin ratio improved 150 basis points sequentially to 58.6% of sales.
* Fourth-quarter OPBT ratio rose 300 basis points sequentially to 34.3% of sales.
* Fourth-quarter pro forma EPS were $0.54, over 2 1/2 times the year- ago EPS and up 26% sequentially.
* Outlook is for 7-10% sequential revenue growth in first quarter and over 50% year-over-year revenue growth in fiscal 2001.
NORWOOD, Mass., Nov. 14 /PRNewswire/ -- Analog Devices (NYSE: ADI - news) today announced revenues of $806 million for the fourth quarter of fiscal 2000, up 87% from the prior year's fourth quarter and 15% above the immediately prior quarter. Earnings per share were $0.54, over two-and-one-half times the $0.20 reported for the year-ago quarter and 26% above the third quarter's $0.43, excluding the realized gain on an investment sold during the third quarter. All financial information in the text of this release refers to pro forma results, which exclude investment gains and acquisition-related expenses.
Source: http://biz.yahoo.com/prnews/001114/ma_analog_.html
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Ralph