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Analog Posts Solid Third Quarter

Analog Devices’ (ADI) fiscal third quarter results beat the Zacks Consensus estimate by 6 cents, or 8.3%. Revenue beat by 1.9%. Results exceeded management expectations on revenue, margins and earnings. Shares were up 2.01% after hours in response to the news, although the earnings surprise was below the preceding four-quarter average of 17.9%. Revenue Revenue of $720.3 million [...]
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