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Investing.com - Analog Devices reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Analog Devices announced earnings per share of $1.44 on revenue of $1.53B. Analysts polled by Investing.com EPS of $1.33 on revenue of $1.45B.
Analog Devices 's are up 15% and is trading at $139.00 , still down 2.27% from its 52 week high of $140.25 set on Monday, November 9, 2020.
Analog Devices shares gained 1.41% to trade at $139.00 in pre-market trade the report.
Analog Devices follows other major Technology sector earnings this month
Analog Devices's report follows an earnings beat by Apple on Thursday, October 29, 2020, who reported EPS of $0.73 on revenue of $64.7B, EPS of $0.7099 on revenue of $63.8B.
Microsoft had beat expectations on Tuesday, October 27, 2020 with first quarter EPS of $1.82 on revenue of $37.15B, for EPS of $1.54 on revenue of $35.76B.
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