Analog Devices Earnings, Revenue Beat in Q3

Analog Devices Earnings, Revenue Beat in Q3

Aug 21, 2019

Analog Devices reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.26 on revenue of $1.48B. Analysts polled by expected EPS of $1.22 on revenue of $1.46B. That compared to EPS of $1.53 on revenue of $1.57B in the same period a year earlier. The company had reported EPS of $1.36 on revenue of $1.53B in the previous quarter.

Analog Devices shares gained 0.01% to trade at $110.30 in pre-market trade following the report.

Analog Devices follows other major Technology sector earnings this month

On July 30, Apple reported third quarter EPS of $2.18 on revenue of $53.81B, compared to forecasts of EPS of $2.09 on revenue of $53.32B.

Alphabet C earnings beat analysts' expectations on July 25, with second quarter EPS of $14.21 on revenue of $38.94B. analysts expected EPS of $11.1 on revenue of $38.15B

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

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