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November 24, 2009 1:48 AM ET

Linear Technology Corp.

(LLTC:NASDAQ)

LAST $26.83 USD
CHANGE TODAY +0.39 1.48%
VOLUME 3.2M
As of 4:00 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Linear Technology Corp. (LLTC)

OPEN
$26.66
PREVIOUS CLOSE
$26.44
DAY HIGH
$26.98
DAY LOW
$26.57
52 WEEK HIGH
10/12/09 - $28.99
52 WEEK LOW
12/2/08 - $18.19
MARKET CAP
6.0B
AVERAGE VOLUME 3 mo
3.1M
DILUTED EPS TTM
$1.19
SHARES OUTSTANDING
223.1M
EX-DATE
11/10/09
P/E TTM
22.5x
DIVIDEND
$0.88
DIVIDEND YIELD
3.28%
K = Thousands  M = Millions  B = Billions

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LLTC Details

Linear Technology Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of linear integrated circuits worldwide. Its products include amplifiers, comparators, voltage references and regulators, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, RF signal conditioning circuits, power over Ethernet controllers, DC/DC µModule power systems, and signal chain modules, as well as other products, such as buffers, battery monitors, motor controllers, hot swap circuits, and sample-and-hold devices and drivers that are used to limit and/or manipulate signals. The company’s products are used in various applications, including telecommunications, cellular telephones, networking products, notebook and desktop computers, computer peripherals, video/multimedia, industrial instrumentation, security monitoring devices, complex medical devices, automotive electronics, factory automation, process control, military, space and other harsh environment systems, and high-end consumer products, such as digital cameras and global positioning systems. It markets its products primarily to original equipment manufacturer customers directly, as well as through electronic distributors. The company was founded in 1981 and is based in Milpitas, California.

LLTC Top Compensated Officers

Chief Executive Officer and Director
Age: 54
Total Annual Compensation: $1.8M
Co-Founder and Executive Chairman
Age: 71
Total Annual Compensation: $1.5M
Co-Founder, Chief Technical Officer and Vice ...
Age: 65
Total Annual Compensation: $834.3K
Chief Financial Officer, Principal Accounting...
Age: 64
Total Annual Compensation: $1.6M
Vice President and General Manager of D Power...
Age: 52
Total Annual Compensation: $696.0K
Compensation as of Fiscal Year 2009.

Key developments for Linear Technology Corp. (LLTC)

Linear Technology Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 27, 2009; Provides Revenue Guidance for the Second Quarter of Fiscal 2010; Declares Cash Dividend Payable on November 25, 2009

Linear Technology Corp. reported unaudited consolidated earnings results for the first quarter ended September 27, 2009. For the quarter, the company has posted revenue of $236,135,000 compared to $310,351,000 for the same period a year ago. Operating income was $99,553,000 compared to $150,912,000 for the same period a year ago. Income before income taxes was $84,288,000 compared to $135,174,000 for the same period a year ago. Net income was $60,687,000 or $0.27 diluted per share compared to $102,307,000 or $0.45 diluted per share for the same period a year ago. Non-GAAP net income was $78,484,000 or $0.34 diluted per share compared to $119,472,000 or $0.52 diluted per share for the same period a year ago. The company provides revenue guidance for the second quarter of fiscal 2010. The company is forecasting revenue growth for the second fiscal quarter in the range of 2% to 5% over the first quarter. The company declared a cash dividend of $0.22 per share will be paid on November 25, 2009 to stockholders of record on November 13, 2009.

Linear Technology Corp., Q1 2010 Earnings Call, Oct-14-2009

Linear Technology Corp., Q1 2010 Earnings Call, Oct 14 2009

Linear Technology Corp., Annual General Meeting, Nov 04, 2009

Linear Technology Corp., Annual General Meeting, Nov 04, 2009, at 15:00 US Pacific Time. Location: 720 Sycamore Drive, Milpitas, CA 95035, United States. Agenda: To elect five directors to serve until the next annual meeting of stockholders and until their successors are elected; to approve an amendment to the 2005 employee stock purchase plan to increase the number of shares reserved for issuance there under by 2,000,000 shares; to approve the company's 2009 executive bonus plan to permit the payment of cash bonuses that qualify as deductible performance-based compensation under Section 162(m) of the Internal Revenue Code of 1986, as amended; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm of the company for the fiscal year ending June 27, 2010; to transact such other business as may properly come before the annual meeting or any adjournment thereof.

BusinessWeek Rankings

BusinessWeek 50
2007  #47

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LLTC Competitors

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Industry Analysis

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Price/Earnings 22.0x
Price/Sales 6.8x
Price/Book NM Not Meaningful
Price/Cash Flow 22.0x
TEV/Sales 4.2x

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