Analog Devices Shares Jump 6% on Q1 Beat and Stron…
From Financial Modeling Prep: 2025-02-19 12:20:00
Analog Devices (NASDAQ:ADI) shares surged over 6% after beating Q1 earnings expectations. Earnings per share were $1.63, above the $1.54 forecast. Revenue was $2.42 billion, beating the $2.36 billion estimate. Margins exceeded projections, with gross margin at 68.8% and operating margin at 40.5%.
Management is optimistic about a gradual recovery, citing improving demand and strong execution. For Q2 2025, Analog Devices forecasts earnings per share of $1.68, slightly above the $1.66 consensus. Revenue guidance of $2.5 billion also exceeded expectations, positioning the company for growth despite challenges.
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