By Dave Sebastian

Analog Devices Inc. said it expects profit and revenue for the fiscal fourth quarter to rise from the prior year as it sees strong bookings across end markets.

The semiconductor company on Wednesday said it expects revenue of $1.78 billion, plus or minus $70 million, for the quarter. It posted fourth-quarter revenue of $1.53 billion in the same period last year.

The company said it expects earnings of $1.33 a share, plus or minus 11 cents a share. It posted earnings of $1.04 a share in the year-ago period.

On an adjusted basis, the company said it sees adjusted earnings of $1.72 a share, plus or minus 11 cents a share.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

August 18, 2021 07:31 ET (11:31 GMT)

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