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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 |
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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