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Analog Devices CFO Confirms Cyclical Upturn, Sees 'Continued Growth'

Benzinga
Summary
Nutrition label

79% Informative

The company’s quarterly revenue increased 22% year-on-year to $2.64 billion , beating the analyst consensus estimate.

Industrial revenue grew by 16.8% Y/Y to $1.16 billion .

Automotive revenue climbed 24.2% to $849.51 million .

Consumer revenue rose by 29.7% and Communications revenue increased by 32.1% .

CFO Richard Puccio said second-quarter bookings accelerated across all end markets.

VR Score

80

Informative language

79

Neutral language

14

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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