Analog Devices earnings beat by $0.14, revenue topped estimates

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Analog Devices earnings beat by $0.14, revenue topped estimates
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Investing.com - Analog Devices (NASDAQ: ADI ) reported second quarter EPS of $1.40, $0.14 better than the analyst estimate of $1.26. Revenue for the quarter came in at $2.16B versus the consensus estimate of $2.1B.

Guidance

Analog Devices sees Q3 2024 EPS of $1.40-$1.60 versus the analyst consensus of $1.35.

Analog Devices sees Q3 2024 revenue of $2.17B-$2.37B versus the analyst consensus of $2.16B.

Analog Devices's stock price closed at $216.64. It is up 13.96% in the last 3 months and up 15.28% in the last 12 months.

Analog Devices saw 1 positive EPS revisions and 24 negative EPS revisions in the last 90 days. See Analog Devices's stock price’s past reactions to earnings here.

According to InvestingPro, Analog Devices's Financial Health score is "good performance".

Check out Analog Devices's recent earnings performance , and Analog Devices's financials here.

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

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