Analog Devices, Inc. announced that it expects that revenue will grow to approximately $510-$530 million and diluted earnings per share (EPS) from continuing operations to increase again to approximately $0.24-$0.26 in the fourth quarter of 2009.
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Analysts were expecting the Company to report revenue of $499 million and EPS of $0.23 for the same period. The Company also announced that it has declared a cash dividend of $0.20 per outstanding share of common stock which will be paid on September 16, 2009 to all shareholders of record at the close of business on August 27, 2009.
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