investorsHD

inHD

Link copied

Chipmaker Analog Devices beats second-quarter revenue estimates.

companies :: 2025-05-22 :: source - reuters

By Reuters


(Reuters) - Analog Devices (ADI.O) beat Wall Street expectations for quarterly revenue on Thursday, driven by upbeat demand for its chips used in the automotive and industrial sectors.

This week on Reuters

The Wilmington, Massachusetts-based chipmaker said its second-quarter revenue rose 22% to $2.64 billion, beating analysts' estimate of $2.51 billion, according to data compiled by LSEG.

(Reporting by Meghana Khare in Bengaluru; Editing by Leroy Leo)

Reuters report


More Stories

This week top market trends.