Analog Devices ( NASDAQ:ADI – Get Rating ) issued an update on its third quarter 2023 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $2.42-$2.62 for the period, compared to the consensus estimate of $2.65. The company issued revenue guidance of $3.00 billion-$3.20 billion, compared to the consensus revenue estimate of $3.16 billion. Analog Devices Stock Performance ADI opened at $176.53 on Monday. The firm has a market cap of $89.30 billion, a PE ratio of 25.

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