ADI shares rise premarket after Q3 top and bottom-line beat
ADI posts Q3 results with EPS of $3.45 and revenue of $4.02B versus estimates of $3.34 and $3.93B, saying Q3 revenue rose 40% to $4.02B.
02B vs. est. 92B saying demand continued to strengthen across their product portfolio and regions throughout the third quarter, which is reflected in record Q4 outlook.