Analog Devices Stock News

Analog Devices' profit and revenue topped Street estimates in fiscal Q1.

Analog Devices (NASDAQ: ADI) is a high-performance, world-class analog tech firm that recorded $1.94 EPS in the first quarter of 2022, topping the $1.77 analyst estimate by 17 cents. In addition, the

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Wednesday Market Open) Tuesday’s relief rally is struggling to find legs on Wednesday morning despite a couple of positive earnings announcements and a positive retail sales report. The commodity market is finding new stars in technology-related metals and materials. Rising commodities and inflation are a boost for inflationary sectors, but consumers are feeling it in their pocketbooks. Consumers are also moving away from online shopping. Despite beating on earnings and revenue estimates, Shopify (NYSE: SHOP) was falling 5.57% in premarket trading. The e-commerce and fintech company cautioned investors about revenue headwinds in the first half of 2022 because shoppers are preferring to hit brick and mortar stores versus online as the economy reopens from the pandemic. Food producer Kraft Heinz (NASDAQ: KHC ) is also up in premarket trading by 1.50%.

Analog Devices' (ADI) first-quarter fiscal 2022 results reflect strength across the consumer, industrial, communications and automotive end markets.

Analog Devices, Inc. (ADI) CEO Vincent Roche on Q1 2022 Results - Earnings Call Transcript

Analog Devices Inc (NASDAQ: ADI ) reported first-quarter FY22 revenue growth of 72% year-on-year to $2.68 billion, beating the consensus of $2.60 billion. Adjusted EPS of $1.94 beat the consensus of $1.77. End Markets : Analog Devices'' Industrial revenue grew 57% Y/Y to $1.34 billion. Automotive revenue increased 124% Y/Y to $552.7 million. Communications revenue rose 46% to … Full story available on Benzinga.com

Analog Devices (NASDAQ: ADI ) reported its Q1 earnings results on Wednesday, February 16, 2022 at 07:00 AM. Here''s what investors need to know about the announcement. Also check this: Executives Buying These 5 Penny Stocks Earnings Analog Devices beat estimated earnings by … Full story available on Benzinga.com

Shares of Analog Devices Inc. surged 1.8% in premarket trading Wednesday, after the semiconductor maker reported fiscal first-quarter adjusted profit and revenue that rose above expectations, provided an upbeat outlook and raised its dividend by 10%. Net income fell to $280.1 million, or 53 cents a share, from $388.5 million, or $1.04 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $1.94 from $1.44, beating the FactSet consensus of $1.80. Revenue grew 72.2% to $2.68 billion, above the FactSet consensus of $2.61 billion. Gross margin fell to 52.2% from 67.1% as cost of sales more than doubled. For the second quarter, the company expects adjusted EPS of $2.07, plus or minus 10 cents, which compares with the FactSet consensus of $1.86; revenue is expected to be $2.80 billion, plus or minus $100 million, while expectations are for $2.66 billion. The company raised its quarterly dividend to 76 cents a share from 69 cents, with the new dividend payable March 8 to shareholders of record on Feb. 25.

Chipmaker Analog Devices on Wednesday handily beat Wall Street''s targets for its fiscal first quarter. ADI stock rose in early trading.

Microchip maker Analog Devices says it expects second-quarter revenue of $2.8 billion, plus or minus $100 million.

Analog Devices press release (ADI): Q1 Non-GAAP EPS of $1.94 beats by $0.15.Revenue of $2.68B (+71.8% Y/Y) beats by $70M.Operating cash flow of $3.16 billion and free cash flow of…

Analog Devices Earnings, Revenue Beat in Q1

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today announced financial results for its first quarter of fiscal 2022, which ended January 29, 2022. “ADI delivered its fourth consecutive quarter of record revenue with momentum across all end markets and geographies. The growing demand for our solutions and our commitment to operational excellence enabled adjusted gross margin, operating margin and EPS to achie

Analog Devices (ADI) delivered earnings and revenue surprises of 8.38% and 2.98%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?