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Valued at a market cap of $111.2 billion, Analog Devices, Inc. (ADI) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. The Wilmington, Massachusetts-based company’s product line is composed of amplifiers and comparators, analog-to-digital converters, digital-to-analog converters, video encoders, decoders, and embedded processing products and DSPs, to name a few. It is expected to announce its fiscal Q1 earnings results on Wednesday, Feb. 19.
Ahead of this event, analysts project the semiconductor company to report a profit of $1.54 per share, down 11% from $1.73 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Street's earnings estimates in the last four quarters. In Q4 2024, ADI’s adjusted EPS of $1.67 outpaced the consensus estimates by a margin of 1.8%.
