Analog Devices Inc. (ADI) reported fourth-quarter net income of $105.6 million or $0.36 per share, compared to net income of $143.9 million or $0.49 per share in the same quarter last year.
On average, 21 analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $571.6 million, down from $661.0 million in the comparable quarter last year. Analysts expected the company to report revenue of $523.84 million for the quarter.
Looking ahead to the first quarter, the company expects to report earnings from continuing operations in the range of $0.36 - $0.37 per share, excluding restructuring charges associated with the closure of our Cambridge fab. Analysts currently anticipate the company to earn $0.28 per share for the quarter.
The company also declared a cash dividend of $0.20 per outstanding share of common stock, payable, December 23, 2009 to shareholders of record at the close of business on December 4, 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.