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Investing.com - Analog Devices reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Analog Devices announced earnings per share of $1.54 on revenue of $1.66B. Analysts polled by Investing.com EPS of $1.45 on revenue of $1.61B.
Analog Devices 's are down 1% and is trading at $145.89 , still down 11.26% from its 52 week high of $164.40 set on Friday, February 19, 2021.
Analog Devices follows other major Technology sector earnings this month
Analog Devices's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, for EPS of $1.78 on revenue of $41.04B.
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