LONDON, April 29, 2015 /PRNewswire/ --

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Investor-Edge.com has issued free post-earnings report on Linear Technology Corp. (NASDAQ: LLTC). On April 14, 2015, the company reported its financial results for Q3 FY15 (period ended March 29, 2015). Click on http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC to read our free earnings review on Linear Technology Corporation (Linear). During Q3 FY15, the company's revenues grew $24.02 million Y-o-Y, or 6.9% Y-o-Y. Further, Linear's net income increased $17.58 million Y-o-Y, or 15.0% Y-o-Y, in the reported quarter. CEO of Linear, Lothar Maier, stated that the March quarter is historically a growth quarter for the company and this year it continued that trend with another successful quarter. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC

Earnings Overview

During Q3 FY15, Linear's revenues increased to $372.02 million from $348.01 million in Q3 FY14. The company's revenues slightly outperformed Bloomberg analysts' forecast of $371.90 million in Q3 FY15. Furthermore, Linear reported no interest expense in Q3 FY15 compared to $12.4 million of interest expense in Q3 FY14, due to the extinguishment of the Convertible Senior Notes at the end of FY14.

In Q3 FY15, Linear's operating income was $173.55 million from $160.71 in Q3 FY14. Further, the company's operating margin as a percent of sales was 46.7% in Q3 FY15 compared to 44.9% recorded in Q3 FY14. In the reported quarter, Linear's net income was $135.19 million, or $0.55 per diluted share, in Q3 FY15 compared to $117.61 million, or $0.48 per diluted share, in Q3 FY14. Analysts from Bloomberg had expected net income of $127.00 million, or $0.53 per diluted share, in Q3 FY15. Free research on LLTC can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC

For Q3 FY15, Linear's cash provided by operating activities was $153.22 million, or 41% of total revenues, compared to cash provided by operating activities of $101.74 million in Q3 FY14. In Q3 FY15, the company returned $96.6 million to shareholders in the form of dividends of $73.4 million, or $0.30 per share, and stock purchases of $23.2 million. As on March 29, 2015, the company had cash, cash equivalents and marketable securities of $1.14 billion.

During the Q3 FY15, Linear's Board of Directors declared a cash dividend of $0.30 per share, which is payable on May 27, 2015 to stockholders of record on May 15, 2015. Sign up and read the free analyst's notes on LLTC at:

http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC

Commenting further on Q3FY15 and on Linear's future outlook, Mr. Maier said that the book to bill ratio was positive for the quarter and bookings increased sequentially in all of the company's major end markets with its largest end markets, industrial and automotive, showing the most gains. Looking forward, the company expects growth to continue in the June quarter although moderately tempered by worldwide macroeconomic conditions, he added. He also said that the company is currently estimating sequential revenue growth of 2% to 5% for Q4 FY15.

Stock Performance

On the day following the earnings release, April 15, 2015, Linear's stock gained 1.64% to end the session at $46.17. Since then, the stock has moved both ways with gains outperforming losses. On the last close, Tuesday, April 28, 2015, the company's shares finished at $46.76, which was 1.26% above the previous day's closing price of $46.18. The stock vacillated between $45.95 and $46.76 during the session. A total of 2.24 million shares were traded, which was below their three months average volume of 2.33 million shares. Over the last one month and the previous three months, the company's shares have advanced 0.17% and 2.68%, respectively. Further, the stock has gained 2.54% since the beginning of 2015. Shares in Linear closed above their 200-day moving average of $45.25. Furthermore, the stock traded at a PE ratio of 22.06 and has a Relative Strength Index (RSI) of 45.73. Visit Investor-Edge and access the latest research on LLTC at:

http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC

Sneak Peek to Corporate Insider Trading

In the last one month, there were 23 insider transactions made by 12 individuals. Between April 16, 2015 and April 27, 2015, a total of 295,000 shares of the company were bought at an average price of $0.001 per share and for a total value of $295. During the same period, a total of 48,212 shares, worth $2.28 million, were also disposed at an average price of $47.24 per share. The following are some of the abovementioned transactions: Lothar Maier bought 80,000 shares at an average price of $0.001 per share and sold 8,348 shares at an average price of $47.01 per share; Vice President and Chief Operating Officer at Linear, Alexander R. McCann bought 25,000 shares at an average price of $0.001 per share and disposed 13,624 shares at an average price $47.65 per share; and Chairman and Co-Founder of Linear, Robert H Swanson Jr, sold 7,305 shares at an average price of $47.44 per share. Complimentary in-depth research on LLTC is available at:

http://get.Investor-Edge.com/pdf/?c=Linear%20Technology&d=29-Apr-2015&s=LLTC

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