Analog Devices Earnings, Revenue Beat in Q4

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEA6606G_M.jpg

Analog Devices announced earnings per share of $1.44 on revenue of $1.53B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $1.45B.

Analog Devices shares are up 15% from the beginning of the year, still down 2.27% from its 52 week high of $140.25 set on November 9. They are under-performing the Nasdaq 100 which is up 36.33% from the start of the year.

Analog Devices shares gained 1.41% in pre-market trade following the report.

Analog Devices’s report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.7099 on revenue of $63.8B.

Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Add Comment