Linear Technology reported financial results for the quarter ended June 27, 2010. Record quarterly revenues of $366.2 million for the fourth quarter of fiscal year 2010 increased $54.8 million or 18% compared to the previous quarter’s revenue of $311.3 million and increased $158.1 million or 76% over $208.0 million reported in the fourth quarter of fiscal year 2009.

Fourth quarter net income was $124.5 million. Net income increased $23.9 million or 24% over the third quarter of fiscal year 2010 and increased $73.1 million or 142% over the fourth quarter of fiscal year 2009.

Revenue for the year ended June 2010 was $1.17 billion, an increase of 21% or $201.5 million over revenue of $968.5 million for the previous fiscal year. Net income of $361.3 million for fiscal year 2010 increased $72.1 million or 25% over $289.2 million reported in the previous fiscal year.