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First quarter at Linear Technology 18-10-06

Linear Technology announced that revenue for its quarterly period ended October 1, 2006, was $292.1 million, an increase of 14% over revenue of $256.0 million for the first quarter of the previous fiscal year. Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for the first quarter of fiscal year 2007 was $112.4 million, an increase of $13.2 million or 13% over GAAP net income of $99.2 million reported in the in the first quarter of the previous fiscal year. On a pro forma basis excluding the effects of all forms of stock-based compensation, net income was $124.2 million.

 


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