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Analog Devices: Demand remains resilient in Industrial and Automotive markets

"ADI continues to execute exceptionally well with revenue growth of 21% year-over-year and record earnings per share," said Vincent Roche, CEO and Chair. "Encouragingly, despite the macro uncertainty, demand remains resilient in our Industrial and Automotive markets, driven by continued momentum across secular growth areas, such as automation and electrification." Roche continued, "Looking ahead, pervasive sensing, AI-driven edge computing, and ubiquitous connectivity are enabling new capabilities, applications, and markets at the Intelligent Edge. ADI, the bridge between the physical and digital worlds, is well-positioned to deliver breakthrough innovations that positively impact society and unlock long-term value for all stakeholders."

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Published first on TheFly

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