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Linear Technology (LLTC): FQ2 EPS of $0.62 beats by $0.04. Revenue of $384M (+50% Y/Y) beats by...

  • Tuesday, January 18, 2011, 5:13 PM ET
    Linear Technology (LLTC): FQ2 EPS of $0.62 beats by $0.04. Revenue of $384M (+50% Y/Y) beats by $5M. Shares -3.8% AH. (PR)
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  • Adjusted EPS (non-GAAP) came in at $0.70. This is what is normally compared to analyst estimates ... so it is a $0.12 beat.
    18 Jan 2011, 05:27 PM Reply Like
  • The degree of beat does not matter. They guided down expectations for the coming quarter and that is going to weigh on the stock. Expectations were for revenues to decline next quarter but the guidance was for a much bigger decline than analysts are expecting. Earnings call tomorrow at 11:30 am eastern time.
    18 Jan 2011, 05:57 PM Reply Like
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