reported third-quarter earnings that exceeded analysts' expectations by 6 cents.
The maker of semiconductor integrated circuits and related products said third-quarter earnings rose to 45 cents a share from 15 cents a year earlier, adjusted to reflect a 2-for-1 stock split. According to a poll by
First Call/Thomson Financial
, 13 analysts expected third-quarter earnings of 39 cents a share.
Revenue for the quarter rose to $2.04 billion from $1.27 billion a year ago.