Analog Devices (ADI) on Wednesday beat estimates for its fiscal second quarter and with its outlook for the current period.
But ADI stock fell after the report
The Wilmington, Mass.-based chipmaker earned an adjusted $3.09 a share on sales of $3.62 billion in the quarter ended May 2. Analysts polled by FactSet had expected earnings of $2.89 a share on… Related news Dow Jones Futures Rise, Target Beats Views With Nvidia Due; Micron, Sandisk, Astera Extend Gains 5/19/2026 Futures rose as oil prices fell: Target beat views early Wednesday with Nvidia due after the close. AI leaders Micron… 5/19/2026 Futures rose as oil prices fell: Target beat views early