Strong demand in the industrial sector, ADI's Q4 revenue and profit guidance exceeded expectations.

According to the Securities Times app, on Wednesday, Analog Devices (ADI.US) announced its third quarter performance. Q3 revenue was $2.88 billion, a year-on-year increase of 24.7%, higher than analysts' forecast of $2.77 billion. Adjusted earnings per share were $2.05, higher than the market's expectation of $1.95.