Recap: Analog Devices Q4 Earnings

Analog Devices ADI reported its Q4 earnings results on Tuesday, November 21, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Analog Devices beat estimated earnings by 0.5%, reporting an EPS of $2.01 versus an estimate of $2.0.

Revenue was down $532.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 2.14% drop in the share price the next day.

Here's a look at Analog Devices's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.52 2.75 2.60 2.58
EPS Actual 2.49 2.83 2.75 2.73
Revenue Estimate 3.10B 3.21B 3.15B 3.15B
Revenue Actual 3.08B 3.26B 3.25B 3.25B

To track all earnings releases for Analog Devices visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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