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ADI Analog Devices Inc

237.72
0.00 (0.00%)
Pre Market
Last Updated: 10:08:43
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
  0.00 0.00% 237.72 230.59 377.97 35 10:08:43

Analog Devices Expects Higher 4Q Earnings, Revenue

18/08/2021 12:32pm

Dow Jones News


Analog Devices (NASDAQ:ADI)
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By Dave Sebastian

 

Analog Devices Inc. said it expects profit and revenue for the fiscal fourth quarter to rise from the prior year as it sees strong bookings across end markets.

The semiconductor company on Wednesday said it expects revenue of $1.78 billion, plus or minus $70 million, for the quarter. It posted fourth-quarter revenue of $1.53 billion in the same period last year.

The company said it expects earnings of $1.33 a share, plus or minus 11 cents a share. It posted earnings of $1.04 a share in the year-ago period.

On an adjusted basis, the company said it sees adjusted earnings of $1.72 a share, plus or minus 11 cents a share.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

August 18, 2021 07:31 ET (11:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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