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Based in Wilmington, Massachusetts, Analog Devices, Inc. (ADI) is a global leader in the semiconductor industry. It is renowned for its high-performance analog, mixed-signal, and digital signal processing technologies. ADI provides innovative solutions that are integral to a wide range of industries, including automotive, healthcare, and industrial automation. With a market cap of $112.36 billion, Analog Devices is known for its commitment to technological advancement, robust product portfolio, and strong customer relationships. ADI is scheduled to announce its fiscal Q3 earnings results before the market opens on Wednesday, Aug. 21.
Ahead of the event, analysts expect ADI to report a profit of $1.50 per share, down 39.8% from $2.49 per share in the year-ago quarter. In the last four quarters, the company has surpassed or matched Wall Street’s bottom-line estimates in three and missed on another occasion.
