Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Analog Devices beats Q3 estimates and raises fiscal Q4 outlook

Seekingalpha+1 ·
ADI
Analog Devices beats Q3 estimates and raises fiscal Q4 outlook
  • Analog Devices reported fiscal Q3 adjusted EPS of $3.45 on $4.02 billion in sales for the quarter ended Aug. 1, exceeding FactSet expectations.
  • The company forecast fiscal Q4 revenue of $4.3 billion and adjusted EPS of $3.86 at the midpoint, both above consensus.
  • Data-center and industrial chip sales supported the Q3 beat, reinforcing momentum in Analog Devices' end markets.

Sources

Analog Devices beats Q3 estimates and raises fiscal Q4 outlook — Heurist Finance