Analog Devices (ADI) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended April 2024, Analog Devices (ADI) reported revenue of $2.16 billion, down 33.8% over the same period last year. EPS came in at$ 1.40, compared to $2.83 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$ 2.1 billion, representing a surprise of +2.60%. The company delivered an EPS surprise of +11.11%, with the consensus EPS estimate being $1.26. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...