Analog Devices (ADI) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended January 2024, Analog Devices (ADI) reported revenue of $2.51 billion, down 22.7% over the same period last year. EPS came in at $1.73, compared to $2.75 in the year-ago quarter.The reported revenue represents a surprise of +0.54% over the Zacks Consensus Estimate of $2.5 billion. With the consensus EPS estimate being $1.71, the EPS surprise was +1.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...