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Analog Devices announced earnings per share of $1.72 on revenue of $1.76B. Analysts polled by Investing.com anticipated EPS of $1.61 on revenue of $1.71B.
Analog Devices shares are up 12% from the beginning of the year, still down 5.11% from its 52 week high of $175.25 set on August 4. They are under-performing the Nasdaq 100 which is up 16.41% from the start of the year.
Analog Devices’s report follows an earnings beat by Apple on July 27, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on July 27 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
