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Analog Devices Inc (NASDAQ: ADI) will be posting quarterly results on August 23, 2023.
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ADI stock price is in an uptrend given the yearly time frame and it attained an all-time high trading price of $200 recently.
The American semiconductor company, Analog Devices Inc. (NASDAQ: ADI), is among the companies witnessing ups and downs since the start of this year. Yet if ADI stock price is to be considered as a metric to gauge the growth in the broader spectrum, the company performed well throughout the year. Analog Devices stock price rose over 11% year-to-date.
The Massachusetts-based tech company will bring the quarterly earnings results on August 23, 2023. For the quarter ended in July 2023, the company expected revenue to stay around $3.1 Billion and the earnings per share (EPS) at $2.5. In comparison to the previous quarter, the estimates are relatively weaker as the company had stated in the outlook earlier.
ADI Stock Suffered Weak Outlook
We współpracy z: https://www.thecoinrepublic.com/2023/08/11/is-adi-stock-price-losing-track-after-attaining-ath-at-200/
