Analog Devices (ADI) reported a profit for fourth quarter that decreased from the same period last year but beat the Street

The auto segment accounts for 29% of the company's business, and the consumer unit, about 16%. "After a brief decline in overall bookings during our third quarter, orders picked up steadily throughout the fourth quarter, particularly in the automotive end market," CFO Richard Puccio said.

Analog Devices (ADI) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $2.01 per share a year ago. These figures are adjusted for non-recurring items.