Integrated Device Technology Q3 Profit Tops Estimates - Quick Facts

(RTTNews) - Integrated Device Technology, Inc. (IDTI) reported third-quarter income from continuing operations of $32.84 million or $0.21 per share, compared to $17.34 million or $0.11 per share, prior year. Adjusted earnings per share from continuing operations was $0.25, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $151.16 million from $124.63 million last year. Analysts expected revenue of $142.68 million for the quarter.