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Analog Devices: third quarter 2006 results 11-08-06

Analog Devices announced revenue of $663.7 million for the third quarter of fiscal 2006, an increase of approximately 14% compared to the same period one year ago and an increase of approximately 3% compared to the immediately prior quarter. Net income under generally accepted accounting principles (GAAP) was $144.7 million for the third quarter.

 

During the third quarter of fiscal year 2006, analog products totaled 84% of sales and digital signal processing (DSP) products totaled 16% of sales. Revenue from analog products grew 15% compared to the same period one year ago and 4% compared to the immediately prior quarter. Compared to the same period one year ago, data converter product sales grew 12%, amplifier product sales grew 20%, and other analog product sales grew 16%. Compared to the immediately prior quarter, data converter product sales grew 4%, amplifier sales grew 5%, and other analog product sales grew 2%.

 

Revenue from DSP products grew 11% compared to the same period one year ago and was flat compared to the immediately prior quarter. General-purpose DSP product sales grew 15% compared to the same period one year ago and 11% compared to the immediately prior quarter. Revenue from other DSP products grew 7% compared to the same period one year ago and declined 8% compared to the immediately prior quarter.

 
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