Analog Devices (NASDAQ:ADI) reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.54 by 5.84 percent. This is a 5.78 percent decrease over earnings of $1.73 per share from the same period last year. The company reported quarterly sales of $2.423 billion which beat the analyst consensus estimate of $2.358 billion by 2.76 percent. This is a 3.58 percent decrease over sales of $2.513 billion the same period last year.
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