Analog Devices, Inc. (ADI) reported first-quarter revenue of $3.16 billion, surpassing the FactSet estimate of $3.12 billion. The company also announced Q1 adjusted EPS of $2.46 per share, which exceeded the FactSet estimate of $2.41. Additionally, Analog Devices raised its quarterly dividend by 11%.
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Earnings Flash (ADI) Analog Devices, Inc. Reports Q1 Revenue $3.16B, vs. FactSet Est of $3.12B
Analog Devices, Inc. (ADI) reported first-quarter revenue of $3.16 billion, surpassing the FactSet estimate of $3.12 billion. The company also announced Q1 adjusted EPS of $2.46 per share, which exceeded the FactSet estimate of $2.41. Additionally, Analog Devices raised its quarterly dividend by 11%.