Chipmaker Analog Devices Sees Sales Slump Continuing

Chipmaker Analog Devices (ADI) on Tuesday roughly matched analyst estimates for its fiscal fourth quarter but offered an outlook well below views for the current period. ADI stock fell in early trading.
The Wilmington, Mass.-based company earned an adjusted $2.01 a share on sales of $2.72 billion in the quarter ended Oct. 28. Analysts polled by FactSet had expected earnings…

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