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ADI Projects Quarterly Revenue Above Forecasts; Automotive Segment Revenue Shows Decline
2025-05-23 /
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Author：小编
Analog Devices Inc. (ADI) has announced that its third-quarter revenue is anticipated to surpass analysts' projections, hitting $2.75 billion. However, a sequential decline in the automotive segment has resulted in a 5% dip in the company's share price. ADI attributes this to the repercussions of tariff policy shifts on demand within the automotive sector. Analysts had forecasted a revenue of $2.62 billion, but ADI's actual revenue growth has been bolstered by the resurgence in the consumer electronics and automotive industries.
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