Categories AlphaGraphs, Earnings, Technology

ADI Earnings: All you need to know about Analog Devices Q4 2020 earnings results

Analog Devices, Inc. (NASDAQ: ADI) today reported its fourth quarter and full year financial results for the period ended October 31, 2020.

Net income for the fourth quarter was $386.5 million, or $1.04 per share, compared to net income of $277.7 million, or $0.74 per share in the fourth quarter of 2019.

Total revenues increased 6% to $1.52 billion.

“Looking ahead, our pending acquisition of Maxim Integrated is an opportunity to increase our scale and scope to deliver disruptive innovation for our customers while driving further profitable growth. The combination strengthens our industry leadership position, further diversifying our business across markets and applications and solidifying ADI as the destination for the world’s best analog talent. While the macroenvironment remains fluid, we are cautiously optimistic that a broad-based recovery is underway and expect to build on this momentum in fiscal 2021.”

Vincent Roche, President and CEO
Analog Devices Reports Fourth Quarter Results Above the High-End of Outlook

Most Popular

Earnings calendar for the week of January 18

While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the

DAL Earnings: All you need to know about Delta Air Lines Q4 2020 earnings results

Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,

Aphria Inc. (APHA) reports Q2 2021 Earnings

Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year. On an adjusted basis, the company reported earnings


Add Comment
Viewing Highlight