By Micah Maidenberg 
 

Analog Devices Inc. (ADI) predicted $1.3 billion in revenue at the midpoint for the first quarter in its fiscal 2020 year.

The chip maker also Tuesday predicted it would earn an adjusted profit of $1 a share at the midpoint for that quarter on adjusted operating margins of 36.7%.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

November 26, 2019 08:29 ET (13:29 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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