(LLTC) Linear Technology Earnings Beats – Outlook Encouraging
Posted on May 03, 2011 at 13:34 PM EDT
Linear Technology (LLTC) reported third quarter earnings of 61 cents, beating the Zacks Consensus by 5 cents. Earnings declined 2.0% sequentially, while increasing 38.1% year over year. Linear cautioned investors about uncertainties related to Japan, which accounts for around 15% of Linear’s revenue. Although the last quarter was not severely impacted, management stated that customers [...] (LLTC) Linear Technology Earnings Beats – Outlook Encouraging