Benzinga | Feb 17, 2021 08:10AM EST

Analog Devices Q1 EPS $1.44 Beats $1.32 Estimate, Sales $1.56B Beat $1.51B Estimate

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.44 per share which beat the analyst consensus estimate of $1.32 by 9.09 percent. This is a 39.81 percent increase over earnings of $1.03 per share from the same period last year. The company reported quarterly sales of $1.56 billion which beat the analyst consensus estimate of $1.51 billion by 3.18 percent. This is a 19.48 percent increase over sales of $1.30 billion the same period last year.