Analog Devices (ADI) Tops Q1 EPS by 14c; Guides for Q2

Analog Devices (NASDAQ: ADI) reported Q1 EPS of $2.75, $0.14 better than the analyst estimate of $2.61. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.15 billion.

GUIDANCE:

Analog Devices sees Q2 2023 EPS of $2.65-$2.85, versus the consensus of $2.42. Analog Devices sees Q2 2023 revenue of $3.1-3.3 billion, versus the consensus of $3.03 billion.

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

You May Also Be Interested In

• BMO Capital Starts Analog Devices (ADI) at Outperform
• Is the global equity rally broadening? UBS weighs in
• Seaport Global Securities Upgrades Analog Devices (ADI) to Buy, 'appears to be entering the sweet part of the cycle'