Analog Devices Reports Record Revenue for the Second Quarter Fiscal 2023
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Analog Devices (ADI) guidance disappoints Wall Street, shares sink
May 24, 2023 3:20 PM EDTShares of Analog Devices (NASDAQ: ADI), a chipmaker specializing in integrated circuits used in analog and digital signal processing, declined by over 8% after the company reported second quarter results.
Analog Devices earnings per share and revenue topped consensus, but its forecast for the third quarter came in below expectations, disappointing Wall... More
Analog Devices (ADI) Tops Q2 EPS by 8c, Offers Guidance
May 24, 2023 7:08 AM EDTAnalog Devices (NASDAQ: ADI) reported Q2 EPS of $2.83, $0.08 better than the analyst estimate of $2.75. Revenue for the quarter came in at $3.26 billion versus the consensus estimate of $3.21 billion.
GUIDANCE:
Analog Devices sees Q3 2023 EPS of $2.42-$2.62, versus the consensus of... More
