Analog Devices (ADI) shares rose approximately 9% in premarket trading after reporting fiscal first-quarter results and providing an outlook that surpassed estimates. The company’s revenue for Q1 fiscal 2026 increased by about 30% year-over-year to $3.16 billion, and its adjusted EPS also saw a significant rise.
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Analog Devices surges after Q1 results and outlook beat estimates
Analog Devices (ADI) shares rose approximately 9% in premarket trading after reporting fiscal first-quarter results and providing an outlook that surpassed estimates. The company’s revenue for Q1 fiscal 2026 increased by about 30% year-over-year to $3.16 billion, and its adjusted EPS also saw a significant rise.