Shares of Analog Devices ADI fell 0.3% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 42.59% year over year to $1.54, which beat the estimate of $1.45.
Revenue of $1,661,000,000 higher by 26.12% from the same period last year, which beat the estimate of $1,610,000,000.
Looking Ahead
Analog Devices said it sees Q3 EPS of $1.50-$1.72 and sales of $1.63 billion-$1.77 billion.
Details Of The Call
Date: May 19, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/jdpkcwsc
Recent Stock Performance
52-week high: $164.40
52-week low: $104.56
Price action over last quarter: down 7.96%
Company Description
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
