Analog Devices (ADI) Tops Q2 EPS by 2c; Issues Light Q3 Outlook
Analog Devices (NASDAQ: ADI) reported Q2 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $779 million versus the consensus estimate of $777.58 million.
GUIDANCE:
Analog Devices sees Q3 2016 EPS of $0.66-$0.74, versus the consensus of $0.75. Analog Devices sees Q3 2016 revenue of $800-840 million, versus the consensus of $846.6 million.
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