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Investing.com - Analog Devices reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Analog Devices announced earnings per share of $1.72 on revenue of $1.76B. Analysts polled by Investing.com EPS of $1.61 on revenue of $1.71B.
Analog Devices 's are up 12% and is trading at $166.30 , still down 5.11% from its 52 week high of $175.25 set on Wednesday, August 4, 2021.
Analog Devices follows other major Technology sector earnings this month
Analog Devices's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on Tuesday, July 27, 2021 with second quarter EPS of $27.26 on revenue of $61.88B, for EPS of $19.33 on revenue of $56.19B.
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