Analog Devices EPS Beats, Revenue Growth A Concern

By | February 19, 2014

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Analog Devices (ADI) turned in a mixed bag of results for its first quarter late Tuesday, leaving one analyst questioning the company’s near-term growth prospects. The company makes chips used in automobiles, which accounts for the bulk of its sales, as well as chips for the consumer and communications markets. Analog Devices stock was up more than 1% in afternoon trading in the stock market today, at a nearly 10-year high near 52. The company Scalper1 News

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