Yahoo Finance Analog Devices Earnings, Revenue Beat in Q3
Investing.com - Analog Devices reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.26 on revenue of $1.48B. Analysts polled by Investing.com expected EPS of $1.22 on revenue of $1.46B. That compared to EPS of $1.53 on revenue of $1.57B in the same period a year earlier. The company had reported EPS of $1.36 on revenue of $1.53B in the previous quarter.
Analog Devices shares gained 0.01% to trade at $110.30 in pre-market trade following the report.
Analog Devices follows other major Technology sector earnings this month
On July 30, Apple reported third quarter EPS of $2.18 on revenue of $53.81B, compared to forecasts of EPS of $2.09 on revenue of $53.32B.
Alphabet C earnings beat analysts' expectations on July 25, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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