Analog Devices Reports Record Revenue for the Second Quarter Fiscal 2023
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
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
