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Market Overview

Analog Devices: Q4 Earnings Insights

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Shares of Analog Devices (NASDAQ:ADI) moved higher by 1.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 21.01% over the past year to $1.44, which beat the estimate of $1.32.

Revenue of $1,526,000,000 rose by 5.75% from the same period last year, which beat the estimate of $1,440,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Analog Devices hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 24, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ak3m4aw5

Price Action

Company's 52-week high was at $140.38

52-week low: $79.08

Price action over last quarter: Up 18.09%

Company Profile

Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.

 

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