Analog Devices (ADI) Misses Q3 EPS by 3c; misses on outlook

Analog Devices (NASDAQ: ADI) reported Q3 EPS of $2.49, $0.03 worse than the analyst estimate of $2.52. Revenue for the quarter came in at $3.08 billion versus the consensus estimate of $3.1 billion.

GUIDANCE:

Analog Devices sees Q4 2023 EPS of $1.90-$2.10, versus the consensus of $2.39. Analog Devices sees Q4 2023 revenue of $2.6-2.8 billion, versus the consensus of $3 billion.

For earnings history and earnings-related data on Analog Devices (ADI) click here.

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