Norwood, Mass.--Aug. 20, 1997--Analog Devices (Norwood, Mass.) announced record sales of $318 million for the third quarter of fiscal 1997, 4 percent above those for the year-earlier period and up 6 percent sequentially. At $46.0 million, net income also reached a record high, compared to $43.8 million a year earlier and $42.1 million for the second quarter. Earnings per share were an all-time high of $0.27, versus $0.26 posted for fiscal 1996's third quarter and $0.25 earned for the immediately prior quarter. Overall orders increased substantially compared to the second quarter, resulting in a book-to-bill ratio comfortably above 1.0, a healthy increase in shippable backlog and better demand visibility going forward.
Join our online Radio Show on Friday 11th July starting at 2:00pm Eastern, when EETimes editor of all things fun and interesting, Max Maxfield, and embedded systems expert, Jack Ganssle, will debate as to just what is, and is not, and embedded system.