Analog Devices Sees Q1 Results In Line With Estimates - Quick Facts

(RTTNews) - While reporting its fourth-quarter financial results today, Analog Devices, Inc. (ADI) forecast financial results for the first quarter of fiscal 2017 in line with analysts' estimates.

For the first quarter of fiscal 2017, the company forecast adjusted earnings per share of $0.68 to $0.78 and revenues in a range of $840 million to $900 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.72 per share for the quarter on revenues of $843.31 million. Analysts' estimates typically exclude special items.

ADI also said its board of directors has declared a cash dividend of $0.42 per share of common stock. The dividend will be paid on December 13 to all shareholders of record at the close of business on December 2.