Analog Devices (NASDAQ:ADI) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS
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2023-05-26 19:31
Analog Devices (NASDAQ:ADI) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS
Analog Devices ( NASDAQ:ADI – Get Rating ) posted its quarterly earnings results on Wednesday. The semiconductor company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.08, RTT News reports. The firm had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.21 billion. Analog Devices had a net margin of 28.16% and a return on equity of 15.27%. The firm's revenue for the quarter was up 9.8% on a year-over-year basis.

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