Analog Sees End Market Recovery
Analog Devices’ (NYSE:ADI) fiscal second quarter earnings beat the Zacks Consensus Estimate by a couple of cents. Revenue exceeded the consensus by 1.4%. Revenue Analog Devices generated revenue of $675.1 million, which was up 4.2% sequentially, down 14.6% year over year and just over management’s revenue guidance range of $655-$675 million (a 1-4% sequential increase). [...]
Analog Devices’ (NYSE:ADI) fiscal second quarter earnings beat the Zacks Consensus Estimate by a couple of cents. Revenue exceeded the consensus by 1.4%.
Revenue
Analog Devices generated revenue of $675.1 million, which was up 4.2% sequentially, down 14.6% year over year and just over management’s revenue guidance range of $655-$675 million (a 1-4% sequential increase).
Revenue by End Market
The industrial market generated 48% of Analog Devices’ total revenue (up 11.8% sequentially and down … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards