Analog Devices earnings beat by $0.08, revenue topped estimates

Investing.com – Analog Devices (NASDAQ: ) reported second quarter EPS of $2.83, $0.08 better than the analyst estimate of $2.75. Revenue for the quarter came in at $3.26B versus the consensus estimate of $3.21B.

Guidance

Analog Devices sees Q3 2023 EPS of $2.42-$2.62 versus the analyst consensus of $2.65.

Analog Devices sees Q3 2023 revenue of $3.00B-$3.20B versus the analyst consensus of $3.16B.

Analog Devices’s stock price closed at $187.92. It is up 2.72% in the last 3 months and up 15.77% in the last 12 months.

Analog Devices saw 1 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Analog Devices’s stock price’s past reactions to earnings here.

According to InvestingPro, Analog Devices’s Financial Health score is “great performance”.

Check out Analog Devices’s , and Analog Devices’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar