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Analog Devices Q2 Adj. EPS $1.080 Beats $1.040 Estimate, Sales $1.317B Miss $1.330B Estimate

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.080 per share which beat the analyst consensus estimate of $1.040 by 3.85 percent. This is a 20.59 percent decrease over earnings of $1.360 per share from the

Benzinga · 05/20/2020 11:31

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.080 per share which beat the analyst consensus estimate of $1.040 by 3.85 percent. This is a 20.59 percent decrease over earnings of $1.360 per share from the same period last year. The company reported quarterly sales of $1.317 billion which missed the analyst consensus estimate of $1.330 billion by 0.98 percent. This is a 13.75 percent decrease over sales of $1.527 billion the same period last year.