Analog Devices Fiscal Q4 Beats, Q1 Guidance Tepid

By | November 26, 2014

Scalper1 News

Analog Devices (ADI) late Tuesday reported fiscal Q4 earnings that topped analysts’ expectations, but its sales guidance for the current quarter missed. The Norwood, Mass.-based analog chipmaker forecast fiscal Q1 earnings per share excluding items of 58 to 64 cents, up 18% to 31% from the year-earlier quarter. The company anticipates revenue of $745 million to $775 million, up 19% to 23% compared with the same quarter a year ago. Analysts polled Scalper1 News

Scalper1 News