Benzinga | May 19, 2021 07:05AM EDT

Analog Devices Q2 Adj. EPS $1.54 Beats $1.45 Estimate, Sales $1.66B Beat $1.61B Estimate

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.54 per share which beat the analyst consensus estimate of $1.45 by 6.21 percent. This is a 42.59 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $1.66 billion which beat the analyst consensus estimate of $1.61 billion by 3.11 percent. This is a 26.04 percent increase over sales of $1.32 billion the same period last year.