Analog Devices Q3 Adj. EPS $3.45 Beats $3.33 Estimate, Sales $4.022B Beat $3.920B Estimate

Analog Devices (NASDAQ:ADI) reported quarterly earnings of $3.45 per share which beat the analyst consensus estimate of $3.33 by 3.29 percent. This is a 68.29 percent increase over earnings of $2.05 per share from the same period last year. The company reported quarterly sales of $4.022 billion which beat the analyst consensus estimate of $3.920 billion by 2.61 percent. This is a 39.64 percent increase over sales of $2.880 billion the same period last year.