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Stock impact report

This Top Chipmaker Is Destined to Deliver More Upside [The Motley Fool]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: The Motley Fool
Analog Devices(NASDAQ:ADIAnalog's stock price dipped by .6% after the report, which is surprising given its impressive results and guidance. Investors, however, should focus on the bigger picture, which suggests that Analog has further to rise even after its % gains so far in 0.Image source: Getty Images.Analog Devices is making the right moves to grow its businessFor the period, which ended Oct. 0, Analog Devices' revenue increased % year over year to $. billion, while adjusted earnings increased from $. per share to $.7 per share. Wall Street was looking for $. billion in revenue and $.70 per share in earnings, and Analog cleared those estimates as its results exceeded the midpoints of its guidance ranges.Management credited the company's strong showing in part to its strategy of adding manufacturing capacity throughout the fiscal year in response to the supply-related challenges affecting the broader semiconductor industry. Analog ramped up its capital expenditures to $ million dur Show less Read more
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