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ADI Analog Devices Inc

214.335
-1.42 (-0.66%)
Last Updated: 15:54:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Analog Devices Inc NASDAQ:ADI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.42 -0.66% 214.335 214.32 214.38 216.00 213.66 216.00 396,422 15:54:09

Analog Devices Expects 1Q Profit

24/11/2020 1:49pm

Dow Jones News


Analog Devices (NASDAQ:ADI)
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From May 2019 to May 2024

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By Matt Grossman

 

Analog Devices Inc. Tuesday issued guidance for first-quarter business results that would top analysts' previous expectations for the company's performance.

Massachusetts-based Analog Devices forecast first-quarter revenue of $1.5 billion, plus or minus $70 million. It said its earnings per share will be 92 cents plus or minus 10 cents. On an adjusted basis, earnings per share will be $1.30 plus or minus 10 cents, Analog said.

Analysts surveyed by FactSet had been expecting first-quarter revenue of $1.41 billion, and an adjusted profit of $1.28 a share.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

November 24, 2020 08:34 ET (13:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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