Analog Devices Stock Is Rising After Earnings. Here’s What to Know.
1. Analog Devices' Q3 earnings surpassed expectations at $2.05 per share. 2. Revenue reached $2.88 billion, exceeding the $2.77 billion forecast. 3. Outlook for Q4 suggests earnings of $2.12 to $2.32 per share. 4. Company faces geopolitical challenges but demand remains robust, says CEO. 5. Stock rose 2.9% after earnings report, signaling positive market reaction.