Analog Devices (ADI) Tops Q3 EPS by 9c, Offers Guidance

Go back to Analog Devices (ADI) Tops Q3 EPS by 9c, Offers Guidance

Analog Devices (ADI) Tumbles as Uncertainty Begins to Impact Bookings

August 17, 2022 3:14 PM EDT

Analog Devices (NASDAQ: ADI) shares tumbled over 5% Wednesday after reporting fiscal third-quarter earnings.

The company topped analyst estimates with earnings per share coming in at $2.52, $0.09 better than the analyst estimate of $2.43. In addition, revenue for the quarter came in at $3.1 billion versus the consensus... More