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Linear Tech Misses on Q2 Revenue and EPS

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Linear Technology (NASDAQ: LLTC  ) has announced its fiscal Q2 results in an official statement. The company said it brought in $305 million in revenues and posted net profit of $89 million ($0.38 per share on a diluted basis).

These results were a respective 4% and 1% higher than in the company's Q2 2012, but the revenue and profit numbers fell short of analyst expectations; these averaged $311 million for the former, and $0.40 EPS for the latter.

The company also approved a slight increase in its dividend, by $0.01 to $0.26 per share.

Linear Technology is to discuss its quarterly results in greater detail during a conference call tomorrow morning.

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9/26/2016 3:04 PM
LLTC $58.79 Down -0.08 -0.14%
Linear Technology CAPS Rating: ****