Categories AlphaGraphs, Earnings, Technology

Analog Devices (ADI) reports strong Q1 earnings growth; revenue up 21%

Semiconductor company Analog Devices, Inc. (NASDAQ: ADI) on Wednesday reported a double-digit increase in earnings and revenues for the first quarter of 2023.

Analog Devices Q1 2023 earnings infographic

Net income, adjusted for one-off items, climbed to $2.75 per share in the January quarter from $1.94 per share in the same period of 2022. On a reported basis, earnings more than doubled to $961.5 million or $1.88 per share.

The impressive bottom-line performance reflects a 21% increase in revenues to $3.25 billion. All operating segments, except the consumer division, expanded during the quarter.

Prior Performance

  • Analog-Devices-Q4-2022-Earnings-Infographic
  • Analog Devices Q3 2022 earnings infographic
  • Analog Devices Q2 2022 Earnings Infographic
  • Analog Devices Q1 2022 earnings infographic

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