Analog Devices Reports First Quarter Fiscal 2020 Results
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Analog Devices (ADI) Tops Q1 EPS by 3c
February 19, 2020 8:00 AM UTCAnalog Devices (NASDAQ: ADI) reported Q1 EPS of $1.03, $0.03 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.3 billion.
ADIs first quarter results were in-line with our expectations. Encouragingly, demand across our end markets has stabilized and is beginning to show signs of improvement as we enter our fiscal second quarter, said Vincent Roche, President and CEO. We are building on this momentum by executing on our 2020 priorities deepening our... More
