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

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Analog Devices (ADI) got the 'huge' next 48 hours for the semi sector off on the wrong foot - Mizuho's Klein

August 23, 2023 9:26 AM EDT

Analog Devices (NASDAQ: ADI) got the "huge" next 48 hours for the semi sector off to a "bad start", Mizuho desk analyst Jordan Klein notes, with a miss and a guide down.

The analyst commented, "Semi investors will be facing the so-called... More