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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%Nov 4 4:00 PM EST

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To: Return to Sender who wrote (90590)8/23/2023 10:51:26 AM
From: Return to Sender  Read Replies (1) of 95358
 
Analog Devices misses by $0.03, reports revs in-line; guides Q4 EPS below consensus, revs below consensus
7:09 AM ET 8/23/23 | Briefing.com

Reports Q3 (Jul) earnings of $2.49 per share, excluding non-recurring items, $0.03 worse than the FactSet Consensus of $2.52; revenues fell 1.1% year/year to $3.08 bln vs the $3.1 bln FactSet Consensus. Co issues downside guidance for Q4, sees EPS of $1.90-2.10 vs. $2.40 FactSet Consensus; sees Q4 revs of $2.60-2.80 bln vs. $3.01 bln FactSet Consensus.

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