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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 $81.6 billion, Analog Devices’ operations span the Americas, Europe, and the Indo-Pacific.
The tech giant is expected to report its second-quarter results before the markets open on Thursday, May 22. Ahead of the event, analysts expect ADI to report an adjusted EPS of $1.69, up 20.7% from $1.40 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.
