Analog Devices (ADI) Q1 Earnings Beat, Revenues Rise Y/Y

Analog Devices Inc. ADI reported first-quarter fiscal 2021 adjusted earnings of $1.44 per share, beating the Zacks Consensus Estimate by 9.1%. Further, the bottom line increased 40% year over year but remained flat sequentially.Revenues of $1.56 billion surpassed the Zacks ConsenAnalog Devices Inc. ADI reported first-quarter fiscal 2021 adjusted earnings of $1.44 per share, beating the Zacks Consensus Estimate by 9.1%. Further, the bottom line increased 40% year over year but remained flat sequentially.Revenues of $1.56 billion surpassed the Zacks ConsenRead MoreStocks,InvestingStocks Feed