Analog Devices Revenue Beats Estimates
Analog Devices (NASDAQ:ADI), a leading semiconductor company known for its high-performance analog, mixed-signal, and digital signal processing technology, released its earnings for the first quarter of fiscal year 2025 on February 19, 2025.
The results showed mixed outcomes: while the company successfully beat analyst expectations, challenges persisted, leading to year-over-year declines. Actual revenue was $2.423 billion, above the estimate of $2.360 billion. Adjusted earnings per share (EPS) came in at $1.63, above the anticipated $1.54 but lower than the previous year's $1.73.
Overall, the quarter demonstrated Analog Devices' ability to exceed expectations but indicated hurdles in achieving growth compared to the prior year.
Source Fool.com
