Benzinga | Aug 19, 2020 08:04AM EDT

Analog Devices Q3 Adj. EPS $1.36 Beats $1.28 Estimate, Sales $1.46B Beat $1.43B Estimate

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.36 per share which beat the analyst consensus estimate of $1.28 by 6.25 percent. This is a 7.94 percent increase over earnings of $1.26 per share from the same period last year. The company reported quarterly sales of $1.46 billion which beat the analyst consensus estimate of $1.43 billion by 2.10 percent. This is a 1.35 percent decrease over sales of $1.48 billion the same period last year.