ADI Stock: Analog Devices Tops Fiscal Q3 Views On Data Center, Industrial Sales

Chipmaker Analog Devices (ADI) on Wednesday easily beat estimates for its fiscal third quarter and with its outlook for fiscal Q4. ADI stock rose on the news. The Wilmington, Mass.-based company earned an adjusted $3.45 a share on sales of $4.02 billion in the quarter ended Aug. 1. Analysts surveyed by FactSet had expected earnings of $3.34 a share on…