Linear Boosts Dividend, Beats Estimates, Guides Low
January 18, 2011 at 20:03 PM EST
Linear Technology Corporation (LLTC) reported second quarter results that beat Wall Street’s expectations and raised its dividend for the 19th consecutive year after the closing bell. But weak third quarter guidance sent shares down more than 4% in after-hours trading. Second Quarter Results Linear posted Q2 earnings of $0.62 per share on $383.6 million in [...]