Why Analog Devices Stock Briefly Jumped 6% Today

02:23pm, Wednesday, 21'st Aug 2024
Analog Devices' stock jumped 6% after reporting strong Q3 earnings. CFO Rich Puccio's earnings call comments regarding the auto industry tempered the market reaction.
Analog Devices' (ADI) third-quarter fiscal 2024 results are hurt by weakness in industrial, communications and automotive end markets.
Analog Devices, Inc. (NASDAQ:ADI ) Q3 2024 Earnings Conference Call August 21, 2024 10:00 AM ET Company Participants Michael Lucarelli - Vice President, Investor Relations and FP&A Vincent Roche - Chi
Analog Devices (NASDAQ: ADI ) just reported results for the third quarter of 2024. Analog Devices reported earnings per share of $1.58.
Analog Devices (ADI) shares advanced in intraday trading Wednesday after the semiconductor maker posted better-than-expected results as it benefited from a rebound in the industry.
Although the revenue and EPS for Analog Devices (ADI) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall St
Analog Devices (ADI) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $2.49 per share a year ago.
Analog Devices forecast fourth-quarter revenue and profit above Wall Street expectations on Wednesday, as it benefits from returning demand for its chips used in consumer electronics.
The semiconductor company reports third-quarter adjusted earnings of $1.58 a share, beating Wall Street estimates of $1.51.
Chipmaker Analog Devices beat Wall Street's targets for its fiscal Q3 and guided modestly higher than views for Q4.
Revenue of $2.31 billion, above the midpoint of our outlook with sequential growth in Industrial, Consumer, and Communications Operating cash flow of $4.0 billion and free cash flow of $2.9 billion on
Analog Devices' (ADI) third-quarter fiscal 2024 results are likely to be affected by softness in the industrial, consumer and communication markets.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often
Besides Wall Street's top -and-bottom-line estimates for Analog Devices (ADI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during
Analog Devices (ADI) closed at $215.32 in the latest trading session, marking a -1.23% move from the prior day.
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