Analog Devices earnings, Revenue beat in Q4

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Analog Devices earnings, Revenue beat in Q4
Credit: © Reuters.

Investing.com - Analog Devices (NASDAQ: ADI ) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Analog Devices announced earnings per share of $1.73 on revenue of $2.34B. Analysts polled by Investing.com anticipated EPS of $1.7 on revenue of $2.23B.

Analog Devices shares are up 25% from the beginning of the year and are trading at $185.50 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 24.68% year to date.

Analog Devices follows other major Information Technology sector earnings this month

Analog Devices's report follows an earnings matched by Apple on Thursday, October 28, 2021, who reported EPS of $1.24 on revenue of $83.36B, compared to forecasts EPS of $1.24 on revenue of $85.05B.

Microsoft had beat expectations on Tuesday, October 26, 2021 with first quarter EPS of $2.27 on revenue of $45.32B, compared to forecast for EPS of $2.08 on revenue of $44B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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