Feb. 18 at 4:36 PM
Analog Devices reported fiscal first-quarter results above expectations, sending shares higher .
The company posted adjusted earnings of
$2.46 per share on revenue of
$3.16 billion, up 30% year over year and ahead of forecasts. Growth was driven by strength across all end markets, particularly industrial and communications.
For the second quarter, Analog Devices guided revenue of
$3.4 billion to
$3.6 billion and adjusted EPS of
$2.73 to
$3.03—well above Wall Street estimates. The stock rose more than 9% in premarket trading and is up 24% so far in 2026.
Peers Texas Instruments , Microchip Technology , and ON Semiconductor also traded higher, reflecting strong demand trends in the analog chip sector despite broader tech weakness.
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