Analog Devices Earnings, Revenue Beat in Q2

Investing.com

Wed, May 22, 2019, 3:18 AM

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Investing.com - Analog Devices (NASDAQ:ADI) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.36 on revenue of $1.53B. Analysts polled by Investing.com anticipated EPS of $1.31 on revenue of $1.51B. That compared to EPS of $1.45 on revenue of $1.51B in the same period a year earlier. The company had reported EPS of $1.33 on revenue of $1.54B in the previous quarter.

Analog Devices follows other major Technology sector earnings this month

On May 8, EchoStar reported first quarter EPS of $0.08 on revenue of $531.08M, compared to forecasts of EPS of $0.1 on revenue of $528.1M.

Microsoft earnings beat analysts' expectations on April 24, with third quarter EPS of $1.14 on revenue of $30.57B. Investing.com analysts expected EPS of $1 on revenue of $29.88B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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Analog Devices Earnings, Revenue Beat in Q2

Analog Devices follows other major Technology sector earnings this month

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