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Analog Devices Gains as Earnings Top Analysts' Estimates

2015-11-25 03:01:52| Semiconductors - Topix.net

Analog Devices Inc. gained the most in almost six weeks after the chipmaker reported sales and profit that exceeded analysts' estimates, helped by demand for consumer device components. Fourth-quarter net income was $96.3 million, or 30 cents a share, compared with $108.7 million, or 34 cents, a year earlier, the Norwood, Massachusetts-based company said early Tuesday.

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