Analog Devices Expects $1.44 Billion In 4Q Revenue at Midpoint
August 19 2020 - 8:55AM
Dow Jones News
By Micah Maidenberg
Semiconductor maker Analog Devices Inc. said Wednesday it
expects to generate $1.44 billion in revenue, plus or minus $70
million, for its fiscal fourth quarter.
In the third quarter, which ended Aug. 1, Analog reported a 2%
fall in revenue to $1.46 billion.
The company expects to earn a profit, following adjustments, of
$1.32 a share at the midpoint for the current quarter.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
August 19, 2020 08:40 ET (12:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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