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Analog Devices Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Analog Devices earnings beat revenue in quarter four

Investing.com – Analog Devices (NASDAQ: ) On Tuesday, the fourth quarter ended in a better than expected and generated revenue above expectations.

Analog Devices reported earnings per share at $1.73 for revenue of $2.34B. Investing.com polled analyst to predict EPS at $1.7 on revenues of $2.23B.

Analog devices shares rose 25% over the first quarter, but are down by 3.36% from November 22’s 52 week high $191.95. They are broadly in line with the S&P 500 which is up 24.68% from the start of the year.

Analog Devices is following other important earnings in the Information Technology sector this month

Analog Devices reports on an Apple earnings match on October 28. Apple reported EPS at $1.24 per share on $83.36B in revenue, while forecasts were for EPS at $1.24 per share on $85.05B.

Microsoft exceeded expectations by beating all forecasts on October 26, with the first quarter EPS being $2.27 on $45.32B in revenue, as opposed to $2.08 per cent on $44B revenue.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar

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