Investing.com - Analog Devices has posted fourth-quarter revenue which topped estimates, as strength at the chipmaker’s automotive division helped to offset lower-than-anticipated sales at its key industrial segment.

Group-wide revenue stood at $3.08 billion for the period, compared to Bloomberg consensus estimates of $3.02 billion.

Industrial revenue, which accounts for more than 45% of Analog’s total sales, came in at $1.43 billion, below expectations of $1.46 billion.

But automotive division sales of $852.2 million well outpaced projections of $766.8 million, while the company said bookings trends have been "healthy" to cap off a "robust year of both cyclical and idiosyncratic growth."

Adjusted earnings were $2.26 per share, just ahead of expectations of $2.23 apiece.

Analog also guided for revenue in its fiscal first quarter of $3.1 billion, plus or minus $100 million. Bloomberg estimates had called for an outlook of $2.97 billion. Adjusted per-share income is seen at $2.29, plus or minus $0.10.

"While macro uncertainty will likely influence the shape of our fiscal 2026, we believe we are well positioned to continue capitalizing on the ongoing cyclical recovery and our secular growth opportunities,” said CFO Richard Puccio in a statement.

Shares of Massachusetts-based Analog rose in premarket U.S. trading on Tuesday.