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Analog Devices announced earnings per share of $1.94 on revenue of $2.68B. Analysts polled by Investing.com anticipated EPS of $1.79 on revenue of $2.61B.
Analog Devices shares are down 7% from the beginning of the year, still down 15.58% from its 52 week high of $191.95 set on November 22, 2021. They are outperforming the Nasdaq 100 which is down 10.41% from the start of the year.
Analog Devices’s report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on January 25 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.74B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
