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Aditya Sarawgi

Analog Devices Earnings Preview: What to Expect

Analog Analog Devices ADI

Wilmington, Massachusetts-based Analog Devices, Inc. (ADI) is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed signal, and digital signal processing integrated circuits. With a market cap of $116.9 billion, Analog Devices’ operations span the Americas, Europe, and the Indo-Pacific.

The tech giant is expected to report its third-quarter results on Wednesday, Aug. 20. Ahead of the event, analysts expect ADI to report an adjusted EPS of $1.93, up 22.2% from $1.58 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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