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Analog Devices withdraws outlook for Q2

Thursday 26 March 2020 | 14:50 CET | News
Analog Devices has withdrawn its outlook for the second quarter, citing the economic and social effects caused by the coronavirus outbreak, and especially the supply chain disruption and uncertainty around future demand. "While customer demand in the quarter has been resilient, it has become increasingly difficult to quantify and forecast the business impact of covid-19," Analog said. The company will provide more information during the release of its second quarter earnings results in May.

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Categories: General
Companies: Analog Devices
Countries: World
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