Analog Devices (NASDAQ:ADI) reported its Q1 earnings results on Wednesday, February 16, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Analog Devices beat estimated earnings by 9.6%, reporting an EPS of $1.94 versus an estimate of $1.77.
Revenue was up $1.13 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 0.01% increase in the share price the next day.
Here's a look at Analog Devices's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.70 | 1.62 | 1.45 | 1.32 |
| EPS Actual | 1.73 | 1.72 | 1.54 | 1.44 |
| Revenue Estimate | 2.31B | 1.71B | 1.61B | 1.51B |
| Revenue Actual | 2.34B | 1.76B | 1.66B | 1.56B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
