Analog Devices CEO says ‘we are well positioned' after Q1 earnings
Analog Devices(ADI) Invezz·2024-02-21 20:17
Analog Devices Inc (NASDAQ: ADI) is trading down in premarket on Wednesday even though it came in slightly above Street estimates in its fiscal first quarter.This is a developing story. Figures missing below will be updated as received! Why is Analog Devices stock down today?Copy link to sectionInvestors are concerned also because the management issued muted guidance for the future. Analog Devices now forecasts $1.26 of adjusted per-share earnings on $2.10 billion in revenue.Analysts, in comparison, were at ...