
Analog Devices 2Q Profit Surges as Demand Accelerates

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Analog Devices reported a second-quarter profit of $1.18 billion, or $2.40 per share, driven by strong demand in industrial, automotive, and communications markets. Revenue increased to $3.62 billion, exceeding analyst expectations. The company forecasts third-quarter revenue between $3.8 billion and $4 billion, with adjusted earnings projected at $3.30 per share, also above analyst estimates.

