reported earnings for the second quarter of $16.3 million, or 44 cents a share, on revenue of $83.2 million. This compares to a profit of $13.5 million, or 37 cents a share, on revenue of $54.4 million, a year ago. Analysts expected earnings of 38 cents a share on revenue of $85.4 million, according to Thomson First Call. For the full year, the company lowered its earnings forecast to $1.15 to $1.25 a share on revenue of $330 million to $340 million, down from its previous guidance of $1.75 a share to $1.95 a share on revenue of $375 million to $395 million.
said net income was $66 million, or 78 cents a share, compared with $61.4 million, or 73 cents a share, a year ago. Revenue for the quarter increased 9% to $824 million from $754 million last year. The company attributed strong demand in its industrial tool for its solid earnings. Analysts expected earnings of 77 cents a share on revenue of $826 million, according to Thomson First Call.
posted a profit of $106 million, or 34 cents a share, for the fourth quarter ended July 3, compared with $98.8 million, or 31 cents a share, a year ago. Revenue for the quarter was $255.8 million, up 7% from $238 million last year. Analysts polled by Thomson First Call expected a profit of 33 cents a share on revenue of $258 million. Looking forward, Linear said that the September quarter is difficult to confidently forecast but it anticipates sales similar to the quarter just completed. Wall Street was expecting revenue of $263.4 million.
announced that its board has increased its quarterly dividend 10% to 22 cents from 20 cents. The dividend will be payable on August 15 to shareholders of record as of August 5. The stock was unchanged at $29.97.
( SGTL) said it earned $10.9 million, or 29 cents a share, for the second quarter ended June 30, compared with $8.8 million, or 23 cents a share, a year ago. The analog mixed-signal chipmaker reported revenue for the quarter of $69.6 million. The company said pro forma earnings were $11.1 million, or 30 cents a share. Analysts expected earnings of 31 cents a share on revenue of $69.6 million, according to Thomson First Call.
reported income of $14.8 million, or 40 cents a share, for the second quarter ended June 30, versus $4.8 million, or 14 cents a share, a year ago. Revenue for the quarter was $52.8 million, an increase of 70% from $31.1 million last year. The company attributed the growth to strong sales of its da Vinci surgical systems. "Our continued momentum reflects the ongoing adoption of robotic surgery and the value that the da Vinci Surgical System delivers to hospitals and patients," said Lonnie Smith, chairman and CEO of Intuitive Surgical. The stock was up $10.49, or $20.45%, to $61.79 in after-hours trading.